Unemployment

The Unemployment Rate released by the National Institute of Statistics is the number of unemployed workers divided by the total civilian labor force. It is a leading indicator for the Italian economy. If the rate is up, it indicates a lack of expansion within the Italian labor market. As a result, a rise leads to weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

Most recent - Monday 1 September 2025 08:00

Previous
6.3%
Revised
6.2%
Forecast
6.2%
Actual
6%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for Unemployment was 6% against a forecast of 6.2%.

Past events

Date
Forecast
Actual
Monday 1 September 2025 08:00
6.2%
6%
Thursday 31 July 2025 08:00
6.4%
6.3%
Wednesday 2 July 2025 08:00
6%
6.5%
Tuesday 3 June 2025 08:00
6.1%
5.9%
Friday 2 May 2025 08:00
6%
6%
Tuesday 1 April 2025 08:00
6.3%
5.9%
Tuesday 4 March 2025 09:00
6.2%
6.3%
Thursday 30 January 2025 10:00
5.7%
6.2%
Tuesday 7 January 2025 09:00
6%
5.7%
Monday 2 December 2024 09:00
6.1%
5.8%
Thursday 31 October 2024 09:00
6.2%
6.1%
Wednesday 2 October 2024 08:00
6.7%
6.2%
Friday 30 August 2024 08:00
7%
6.5%
Thursday 1 August 2024 08:00
6.8%
7%
Tuesday 2 July 2024 08:00
6.9%
6.8%
Thursday 30 May 2024 08:00
7.2%
6.9%
Friday 3 May 2024 08:00
7.5%
7.2%
Wednesday 3 April 2024 08:00
7.2%
7.5%
Friday 1 March 2024 09:00
7.2%
7.2%
Wednesday 31 January 2024 09:00
7.6%
7.2%
Tuesday 9 January 2024 09:00
7.9%
7.5%
Thursday 30 November 2023 09:00
7.5%
7.8%
Friday 3 November 2023 09:00
7.4%
7.4%
Monday 2 October 2023 08:00
7.7%
7.3%
Thursday 31 August 2023 08:00
7.4%
7.6%
Tuesday 1 August 2023 08:00
7.7%
7.4%
Friday 30 June 2023 08:00
7.9%
7.6%
Thursday 1 June 2023 08:00
7.8%
7.8%
Wednesday 3 May 2023 08:00
8%
7.8%
Thursday 30 March 2023 08:00
8%
8%
Thursday 2 March 2023 09:00
7.8%
7.9%
Tuesday 31 January 2023 09:00
7.8%
7.8%
Monday 9 January 2023 09:00
7.8%
7.8%
Thursday 1 December 2022 09:00
8%
7.8%
Thursday 3 November 2022 09:00
7.8%
7.9%
Friday 30 September 2022 08:00
7.9%
7.8%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.3%2.3%
Harmonized Index of Consumer Prices (MoM)Bearish change0.2%0.1%
ZEW Survey – Current SituationBearish change-68.6-76.4
ZEW Survey – Economic SentimentBullish change34.737.3
Industrial Production s.a. (MoM)Bullish change-0.6%0.3%
ZEW Survey – Economic SentimentBullish change25.126.1
Consumer Price Index (EU Norm) (YoY)Bearish change1.7%1.6%
Consumer Price Index (YoY)(no change)1.6%1.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Consumer Price Index (EU norm) (YoY)(no change)0.8%0.8%
Harmonized Index of Consumer Prices (MoM)(no change)0.1%0.1%
Harmonized Index of Consumer Prices (YoY)(no change)2.1%2.1%
10-y Bond AuctionBullish change2.77%2.25%
Sentix Investor ConfidenceBearish change-3.7-9.2
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-1.8%1.5%
Industrial Production s.a. (MoM)Bullish change-0.1%1.3%
Trade Balance s.a.Bearish change€15.4B€14.7B
Employment Change (QoQ)(no change)0.1%0.1%
Gross Domestic Product s.a. (QoQ)(no change)0.1%0.1%
Gross Domestic Product s.a. (YoY)Bullish change1.4%1.5%
Factory Orders n.s.a. (YoY)Bearish change1.7%-3.4%
Factory Orders s.a. (MoM)Bearish change-0.2%-2.9%
Retail Sales (MoM)Bearish change0.6%-0.5%
Retail Sales (YoY)Bearish change3.5%2.2%

About Unemployment

Country:Italy
Currency:EUR
Source:ISTAT
Category:Labor Market
Frequency:Monthly
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