What is the current unemployment rate in Italy?

What is the current unemployment rate in Italy?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Italy unemployment rate for 2020 was 9.31%, a 0.64% decline from 2019. Italy unemployment rate for 2019 was 9.95%, a 0.66% decline from 2018.

Does Italy have a high unemployment rate?

Italy's unemployment rate almost reached 9.1 percent in the first quarter of 2020, the lowest value since 2012. The regions with the highest unemployment rates were situated in the South.

Why unemployment is so high in Italy?

One of the primary causes of youth unemployment in Italy is the transition period between school and work. The Italian education system is unable to transition students from studying to gaining work experience. Once finished with education, young Italians are without experience in the employment market.

Is unemployment a problem in Italy?

Italy is fourth in unemployed population numbers among European Union countries. The Italian unemployment rate is nine percent. This figure has been decreasing steadily, registering the lowest rate of the last seven years in 2019.

What is Italy's minimum wage?

Minimum wages in Italy - 2021 According to Article 36 of the Constitution the wages must be proportionate to the quality and quantity of work done and also high enough to provide a minimum subsistence for the worker and his family. Italy has no minimum wage by law, and hence there is no separate legislation.

What jobs are in high demand in Italy?

The occupations with the highest number of job openings will be business and administration associate professionals, teaching professionals, and building and related trades workers. The forecast on CEDEFOP covers the period up to 2030.

What is the employment rate in Italy?

• Employment Rate in Italy increased to 57.10 percent in May from 57 percent in April of 2021. Employment Rate in Italy averaged 57.14 percent from 20, reaching an all time high of 59.30 percent in June of 2019 and a record low of 54.80 percent in September of 2013. This page provides - Italy Employment Rate- actual values, historical data, forecast, chart, statistics, economic ...

What is the unemployment rate of Italy?

• Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Italy unemployment rate for 2019 was 9.89%, a 0.72% decline from 2018. Italy unemployment rate for 2018 was 10.61%, a 0.6% decline from 2017.

What is the lowest unemployment on record?

• The lowest state unemployment rate on record is 2.1%. The record is shared by a couple of states - Connecticut and New Hampshire. Connecticut posted an unemployment rate of 2.1% in both September and October of 2000, while New Hampshire had a nine month stretch from September of 1986 through to May of 1987 where they posted a 2.1% unemployment rate.