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Italian employment and unemployment (provisional data) – May 2024

From istat.it

In May 2024 the number employed people slightly declined, while inactive persons rose and unemployed ones remained stable. On a monthly basis, the decrease in employment (-0.1%, -17 thousand) affected men and people in the 15-24 and 50+ age groups, while it increased for women and the middle age groups. Overall, the employment rate fell to 62.2% (-0.1 p.p.). In the last month, the number of unemployed persons was stable due to a growth among men and 25-34 year olds and a decrease among women and the remaining age groups. The unemployment rate also remained unchanged at 6.8%, while the youth rate climbed to 20.5% ... (full story)

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