In December 2022, the number of jobseekers in Italy increased (+0.1%, i.e. +2 thousand compared to November) among women, 25-34 year olds and those over 50. The total unemployment rate in Italy is stable at 7.8%, while the youth unemployment rate drops to 22.1% (-0.5 points). This is the preliminary estimate released by ISTAT. The decrease in the number of inactive persons between the ages of 15 and 64 (-0.4%, equal to -54 thousand units) involves men, women and all age groups. The inactivity rate drops to 34.3% (-0.1 points). These are all the details of how the unemployment rate in Italy looks in 2023.
Jobseekers and unemployment in Italy 2022/2023
Compared to December 2021, both the number of jobseekers (-11%, equal to -242 thousand units) and the number of inactive persons between 15 and 64 years of age decreased (-1.7%, equal to -225 thousand).
Employment in Italy grows again
In December 2022, after the drop recorded in November, employment returned to growth due to the increase in permanent employees and the self-employed. According to preliminary ISTAT estimates, the employment rate rose to 60.5% (+0.1 points). The number of employed persons in December 2022 exceeded that of December 2021 by 1.5% (+334 thousand units?), on a monthly basis the increase was 0.2% or +37 thousand units.
Italy unemployment rate by age
Employment, on a monthly basis, increased (+0.2%, equal to +37 thousand) for men, women, permanent employees, self-employed and for all age groups except for 25-34 year-olds, among whom it decreased; there was also a decrease in temporary employees.
On a year-on-year basis, the increase in employment involves men, women and all age groups, with the exception of 35-49 year-olds due to the negative demographic dynamic. The employment rate, which overall is up by 1.1 percentage points, is also rising in this age group (+0.7 points) because the decrease in the number of employed 35-49 year-olds is less marked than that of the corresponding overall population.
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