whatsapp

Italy Sees Rare Double Dip in Unemployment and Available Jobs

/media/Italy_Sees_Rare_Double_Dip_in_Unemployment_and_Available_Jobs.webp © Italy Sees Rare Double Dip in Unemployment and Available Jobs

Italy’s labour market showed signs of weakening in November 2025, with both employment and unemployment falling simultaneously—a rare combination that points to a sharp rise in economic inactivity, according to official data.

Figures released by Istat showed employment declined by 34,000 in November, pushing the employment rate down to 62.6%. The contraction was uneven, with losses concentrated among women, self-employed workers and those on fixed-term contracts.

By age group, employment fell most sharply among people aged 15–24 and 35–49, while those aged 25–34 recorded gains. Employment levels were broadly stable among men, workers on permanent contracts and people aged over 50.

At the same time, the number of people actively seeking work declined by around 30,000, a fall of 2% from the previous month. As a result, the unemployment rate edged down to 5.7%, while youth unemployment fell to 18.8%.

However, the decline in unemployment did not reflect an improvement in labour market conditions. Instead, it coincided with a significant increase in inactivity. Istat reported that the number of people aged 15 to 64 who were neither working nor looking for a job rose by 72,000 in November, lifting the inactivity rate to 33.5%.

The rise in inactivity was observed across both genders and most age groups, with the exception of those aged 25–34, who continued to show stronger labour market engagement.

Broader trend remains positive

Despite the weak monthly data, longer-term indicators suggest a more resilient underlying trend. Over the three months to November 2025, employment increased by 0.3%, equivalent to a net gain of 66,000 jobs, while unemployment continued to decline.

On an annual basis, Italy had 179,000 more people in work compared with November 2024, representing a 0.7% increase. The composition of employment also improved, with permanent positions rising by 258,000 and self-employment increasing by 126,000, more than offsetting a reduction of 204,000 fixed-term jobs.

Year-on-year data show the employment rate rose by 0.3 percentage points, while both unemployment and inactivity fell, indicating that despite November’s setback, Italy’s labour market continues to show signs of gradual structural improvement.

Commnets 0
Leave A Comment

Related Posts
© Central Banks Urged to Avoid Premature Rate Cuts as Inflation Risks Persist

Central Banks Urged to Avoid Premature Rate Cuts as Inflation Risks Persist

Central banks around the world are being urged to exercise caution before lowering interest rates, as economists warn that premature policy easing could prolong inflation and undermine public confiden...

© U.S. Strikes More Than 80 Iranian Targets After Commercial Ship Attacks in Strait of Hormuz

U.S. Strikes More Than 80 Iranian Targets After Commercial Ship Attacks in Strait of Hormuz

The United States launched a large-scale military operation against Iran, targeting more than 80 military sites after Tehran allegedly attacked three commercial vessels transiting the Strait of Hormuz...

© Toyota to Invest $3.6 Billion in Texas to Expand Tacoma Production

Toyota to Invest $3.6 Billion in Texas to Expand Tacoma Production

Toyota Motor Corporation has announced a $3.6 billion investment to expand its manufacturing operations in Texas by relocating a significant portion of Tacoma midsize pickup truck production from Mexi...

© Lockheed Martin Leads Bid for $3.5 Billion Acquisition of Ultra Maritime

Lockheed Martin Leads Bid for $3.5 Billion Acquisition of Ultra Maritime

Lockheed Martin has emerged as the leading contender to acquire naval defense specialist Ultra Maritime in a deal valued at approximately $3.5 billion, according to people familiar with the negotiatio...

© JPMorgan Lowers Gold Price Outlook, Sees Bullion at $4,500 by End of 2026

JPMorgan Lowers Gold Price Outlook, Sees Bullion at $4,500 by End of 2026

JPMorgan has lowered its outlook for gold prices, forecasting the precious metal to reach $4,500 per ounce by the fourth quarter of 2026, citing weaker-than-expected demand and the possibility of earl...

© Spain and Portugal Advance to FIFA World Cup Last 16 After Impressive Knockout Victories

Spain and Portugal Advance to FIFA World Cup Last 16 After Impressive Knockout Victories

Spain and Portugal secured their places in the FIFA World Cup Round of 16 after overcoming Austria and Croatia respectively in two entertaining knockout fixtures on Wednesday, setting up an all-Iberia...

© Samsung, SK Hynix Shares Slide as Global Chip Selloff Hits Asian Markets

Samsung, SK Hynix Shares Slide as Global Chip Selloff Hits Asian Markets

South Korean technology stocks came under heavy selling pressure on Thursday as a broad semiconductor selloff on Wall Street spilled into Asian markets, sending shares of Samsung Electronics and SK Hy...

© China Expands Export Curbs on Japanese Defense, Drone and Nuclear Firms

China Expands Export Curbs on Japanese Defense, Drone and Nuclear Firms

China has expanded its export control measures against Japanese organizations by blacklisting four government-linked defense research institutes and tightening restrictions on dozens of companies invo...

© SoftBank Slides 12% as U.S. Tech Selloff Triggers Broad Decline Across Asian Markets

SoftBank Slides 12% as U.S. Tech Selloff Triggers Broad Decline Across Asian Markets

Shares of SoftBank Group plunged more than 12% on Friday, leading a sharp decline in Asian technology stocks after weakness in U.S. markets renewed investor concerns over artificial intelligence spend...

© IMF and China Deepen Cooperation on Digital Economy Measurement Amid Global Trade Tensions

IMF and China Deepen Cooperation on Digital Economy Measurement Amid Global Trade Tensions

The International Monetary Fund (IMF) and China's National Bureau of Statistics have signed a new Memorandum of Understanding (MoU) aimed at improving the measurement of China's rapidly expanding digi...