Italy Annual Unemployment Rate
Italy's annual unemployment rate fell to 6.78% in 2024, down from 7.63% in 2023, according to World Bank. This represents a decrease of 0.85% from the previous year. Italy has annual unemployment rate higher than the global median (6.78% vs median 5.23%). Compared with the median in Europe, Italy is higher (6.78% vs regional median 5.49%) and ranks 15th out of 41 countries in Europe.
Yearly Historical Data (1991-2024)
(in %)Italy Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of Italy's labor force that is looking for work but does not have a job.