Long Term Unemployment Rate in Italy decreased to 2.40 percent in the third quarter of 2024 from 3.60 percent in the second quarter of 2024. Long Term Unemployment Rate in Italy averaged 5.40 percent from 1992 until 2024, reaching an all time high of 8.50 percent in the fourth quarter of 2014 and a record low of 2.40 percent in the third quarter of 2024. source: EUROSTAT

Long Term Unemployment Rate in Italy is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Long Term Unemployment Rate is projected to trend around 2.70 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Employed Persons 24065.00 24078.00 Thousand Nov 2024
Employment Change 0.50 0.40 percent Sep 2024
Employment Rate 62.40 62.40 percent Nov 2024
Full Time Employment 15637.00 15480.00 Thousand Sep 2024
Labor Force Participation Rate 66.30 66.30 percent Nov 2024
Labour Costs 108.10 107.00 points Sep 2024
Long Term Unemployment Rate 2.40 3.60 percent Sep 2024
Part Time Employment 3317.00 3405.00 thousand Sep 2024
Population 58.99 59.00 Million Dec 2024
Productivity 99.47 99.68 points Sep 2024
Retirement Age Men 67.00 67.00 Years Dec 2024
Retirement Age Women 67.00 67.00 Years Dec 2024
Unemployed Persons 1457.00 1480.00 Thousand Nov 2024
Unemployment Rate 5.70 5.80 percent Nov 2024
Wage Growth 3.70 3.50 percent Sep 2024
Wages 32450.00 31720.00 EUR/Year Dec 2023
Wages in Manufacturing 110.60 110.60 points Oct 2024
Youth Unemployment Rate 19.20 17.80 percent Nov 2024

Italy Long Term Unemployment Rate
In Italy, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.
Actual Previous Highest Lowest Dates Unit Frequency
2.40 3.60 8.50 2.40 1992 - 2024 percent Quarterly