whatsapp

Italy Sees Rare Double Dip in Unemployment and Available Jobs

  • 0
  • 236
/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.

Related Posts
© Bitcoin Rebounds Above $70,000 After Sharp Sell-Off Triggers Volatile Turnaround

Bitcoin Rebounds Above $70,000 After Sharp Sell-Off Triggers Volatile Turnaround

New York: Bitcoin rebounded sharply on Friday, climbing back above the $70,000 level just a day after coming close to breaking below $60,000, as traders stepped back into risk assets following a turbu...

  • 111
© India Ready to Buy Up to $80 Billion in Boeing Aircraft After U.S. Trade Pact

India Ready to Buy Up to $80 Billion in Boeing Aircraft After U.S. Trade Pact

India is prepared to place aircraft orders worth up to $80 billion with Boeing, following the announcement of a new trade framework between New Delhi and Washington, according to India’s Commerce and ...

  • 128
© Sony Profit Rises 22% in December Quarter, Beats Estimates and Raises Full-Year Outlook

Sony Profit Rises 22% in December Quarter, Beats Estimates and Raises Full-Year Outlook

Sony reported stronger-than-expected earnings for the December quarter, with operating profit rising 22 percent year on year, supported by favourable foreign exchange movements despite higher memory c...

  • 135
© Gold Breaks $5,000 as Asia Stocks Mostly Fall After Wall Street Tech Sell-Off

Gold Breaks $5,000 as Asia Stocks Mostly Fall After Wall Street Tech Sell-Off

Asia - Gold prices extended gains for a second session on Wednesday, rising above $5,000 an ounce, while most Asia-Pacific stock markets declined after losses in US technology shares weighed on sentim...

  • 134
© Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact

Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact

Gold and silver prices rebounded on Tuesday after suffering one of their sharpest sell-offs in decades, as analysts said the recent plunge was driven more by positioning and short-term catalysts than ...

  • 157
© South Korean Stocks Slide Over 4%, Sidecar Triggered on Kospi 200 Futures

South Korean Stocks Slide Over 4%, Sidecar Triggered on Kospi 200 Futures

Seoul: South Korean stock markets fell sharply on Monday, leading losses across Asia-Pacific markets, as heavy selling triggered a temporary trading halt in index futures....

  • 195
© UAE to Roll Out Electronic Invoicing System From July

UAE to Roll Out Electronic Invoicing System From July

Businesses in the United Arab Emirates will begin transitioning to a national electronic invoicing system from July, marking a major shift in how invoices are issued, processed and reported for tax pu...

  • 223
© Trump’s ICE Actions Put US CEOs in a Bind Over Speaking Out

Trump’s ICE Actions Put US CEOs in a Bind Over Speaking Out

US corporate leaders are facing growing pressure over whether to publicly criticise immigration enforcement tactics under Donald Trump, amid concerns that speaking out could trigger retaliation from t...

  • 170
© Fresh Oil Dollars Won’t Fix Venezuela’s Economy, Says Former Minister

Fresh Oil Dollars Won’t Fix Venezuela’s Economy, Says Former Minister

Caracas: Fresh inflows of dollars from oil sales will not solve Venezuela’s deep economic problems without political and institutional reform, according to former planning minister Ricardo Hausmann....

  • 164
© Airbus, AstraZeneca and HSBC Executives Join Starmer on China Visit

Airbus, AstraZeneca and HSBC Executives Join Starmer on China Visit

Beijing: Senior executives from Airbus, AstraZeneca and HSBC are among nearly 60 British business and cultural leaders accompanying UK Prime Minister Keir Starmer on a high-profile visit to China this...

  • 240
Commnets 0
Leave A Comment