• Italian unemployment rate declined 01.% to 10.7%

Market news

12 September 2018

Italian unemployment rate declined 01.% to 10.7%

The unemployment rate decreased compared to both the previous quarter and the previous year, as well as the rate of inactivity. In the monthly data for July 2018, compared to the previous month, the decrease in the unemployment rate was associated with the increase in the inactivity rate.

In the yearly comparison, for the fifth consecutive quarter, the decrease in the number of unemployed continued, albeit with less intensity, (-34 thousand in one year, -1.2%). It only concerned the South, affected both genders and individuals up to 49 years of age. The strong downward trend of inactive people aged 15-64 (- 394 thousand, -2.9%) was instead widespread by gender, territory and age group.

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