The unemployment rate in Italy fell to 10.5% in May of 2021 from 10.7% in April which was the highest rate since October 2018. Figures came below market forecasts of 10.8%. The number of unemployed people went down by 36K to 2.62 million, mainly women and all age classes except 25-34 years old. There were 30K less inactive people aged, mainly men and employment increased by 36K to 22.4 million, mainly for men and under 35. Overall, the employment rate went up to 57.2% from 57.1%. source: National Institute of Statistics (ISTAT)

Unemployment Rate in Italy averaged 9.53 percent from 1983 until 2021, reaching an all time high of 13.30 percent in November of 2014 and a record low of 5.90 percent in April of 2007. This page provides the latest reported value for - Italy Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Italy is expected to be 9.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Italy to stand at 9.50 in 12 months time. In the long-term, the Italy Unemployment Rate is projected to trend around 9.60 percent in 2022 and 9.10 percent in 2023, according to our econometric models.

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Italy Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.50 10.70 13.30 5.90 1983 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-06 08:00 AM Jan 10.3% 9.8% 9.1%
2021-04-30 07:00 AM Mar 10.1% 10.2% 10.3% 10.1%
2021-06-01 08:00 AM Apr 10.7% 10.4% 10.1% 10%
2021-07-01 08:00 AM May 10.5% 10.7% 10.8% 10.8%
2021-07-30 07:00 AM Jun 10.5% 10.4% 10.6%
2021-09-01 08:00 AM Jul
2021-09-30 08:00 AM Aug
2021-11-03 09:00 AM Sep


News Stream
Italy Jobless Rate Drops to 10.5%
The unemployment rate in Italy fell to 10.5% in May of 2021 from 10.7% in April which was the highest rate since October 2018. Figures came below market forecasts of 10.8%. The number of unemployed people went down by 36K to 2.62 million, mainly women and all age classes except 25-34 years old. There were 30K less inactive people aged, mainly men and employment increased by 36K to 22.4 million, mainly for men and under 35. Overall, the employment rate went up to 57.2% from 57%.
2021-07-01
Italy Jobless Rate Rises to 2-1/2-Month High
Italy's unemployment rate increased to 10.7 percent in April of 2021 from an upwardly revised 10.4 percent in the previous month and above market expectations of 10.1 percent. It was the highest jobless rate since October 2018.
2021-06-01
Italy March Jobless Rate Below Forecasts
Italy's unemployment rate decreased to 10.1 percent in March of 2021 from 10.2 percent in the previous month and below market expectations of 10.3 percent. The number of unemployed people decreased by 19 thousand to 2.495 million and employment rose by 34 thousand to 22.246 million. Meantime, the number of inactive people edged up 15 thousand to 24.741 million. The youth unemployment rate, measuring job-seekers between 15 and 24 years old rose to 33 percent from 31.9 percent.
2021-04-30
Italy Jobless Rate Edges Down to 10.2% in February
Italy's unemployment rate decreased to 10.2 percent in February of 2021 from 10.3 percent in the previous month and above market expectations of 9 percent. The number of unemployed people decreased by 9 thousand to 2.518 million and employment rose by 6 thousand to 22.197 million. Meantime, the number of inactive people edged down by 2 thousand to 24.715 million. The youth unemployment rate, measuring job-seekers between 15 and 24 years old declined to 31.6 percent from 32.7 percent in January.
2021-04-06

Italy Unemployment Rate
In Italy, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.