Unemployment in Italy

Italy Unemployment | Economic News & Forecasts

Italy - Unemployment

On 3 July, the European Commission (EC) announced it would not open an excessive deficit procedure for Italy, after the Italian government committed to cutting 2019’s deficit by over EUR 7 billion and to stick to EU rules in drafting the 2020 budget. Nevertheless, this does not eliminate the risk of an infringement procedure later this year; in October, the EC will examine the 2020 draft budget. Meanwhile, data for Q2 continues to point to a stagnant economy: The industrial sector performed poorly in the quarter, survey-based indicators remained weak, and credit growth was subdued. Moreover, retail trade activity was uneven in April-May. On a more positive note, the unemployment rate dropped to the lowest level since February 2012 in May, although June’s figures on the dynamics of layoffs due to corporate crisis are daunting. Higher precautionary savings could be restraining spending, moreover.

Italy - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate12.1  12.6  11.9  11.7  11.2  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Italy Unemployment Chart

Italy Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute (ISTAT)

Italy Facts

Bond Yield1.54-0.40 %Jul 31
Exchange Rate1.110.65 %Jul 31
Stock Market21,398-0.99 %Jul 31

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form