Employed and unemployed Sept. 2011

According to Istat, in September 2011 employed are 22.911 million, a decrease of 0.4% (-86 thousand units) compared to August. The decline affects both the male and female. In comparison with the previous year employment remains substantially unchanged. The employment rate stood at 56.9%, a decrease in both the conjuncture comparison (-0.2 percentage points) and in terms of trend (-0.1 percentage points). The number of unemployed amounted to 2.08 million, increasing by 3.8% compared to August (76,000 units). On an annual basis there was an increase of 3.5% (71 thousand units). The increase affects both the male and female. The unemployment rate stood at 8.3%, an increase of 0.3 percentage points compared both to August and the previous year. The youth unemployment rate rises to 29.3%, a conjuncture increase of 1.3 percentage points cyclical. Inactive people aged 15 to 64 years rise by 0.1% (21 thousand units) compared to the previous month and the inactivity rate stood at 37.9%, a conjuncture increase of 0.1 percentage points cyclical.

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