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Employment and Unemployment (provisional estimates) - August 2022

From istat.it

In August 2022 the number of both employed and unemployed persons decreased, while a growth was recorded for inactive people. On a monthly basis, the decline of employment (-0.3%, -74 thousand) involved both genders and was widespread in all age groups, with the exception of people aged 15-24 years, for which remained stable. Overall, the employment rate dropped to 60.0% (-0.2 p.p.). In the last month, the drop of unemployed persons (-1.6%, -31 thousand) was recorded for men and people aged under 35. The unemployment rate declined to 7.8% (-0.1 p.p.) and the youth rate too to 21.2% (-1.9 p.p.). In August the increase ... (full story)

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