22 thousand more employed in March – Corriere.it

22 thousand more employed in March - Corriere.it

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The unemployment rate in Italy drops to 7.8% (-0.1 points), the youth rate to 22.3% (-0.1 points). This is certified by Istat, underlining that the stability of the number of inactive people – between 15 and 64 years old – is a synthesis of the growth among men and those aged 50 or over and the decrease among women, 15-24 year olds and 35-year-olds. 49 years old. The inactivity rate remains unchanged at 33.8%. In March 2023, compared to the previous month, the increase in the employed was associated with the decrease in the unemployed and the substantial stability of the inactive. Waiting to see what the effects of the next under 30 hiring bonus might be.

22,000 more employed per month

Employment is growing (+0.1%, equal to +22,000 units) for men and women, employees and for all age groups except the 25-34 year olds, for which it is decreasing. The employment rate stable at 60.9%. Compared to February 2023, the number of people looking for work decreased (-1.1%, equal to -22 thousand units) among men, women and those aged 35 or over.

Comparison with March 2022

Comparing the first quarter of 2023 with the previous one, there is an increase in the number of employed people (+0.4%, equal to +90 thousand units). The growth in employment, observed in the quarterly comparison, is associated with the increase in job seekers (+0.6%, equal to +12 thousand units) and the decrease in inactive people (-1.0%, equal to – 125 thousand units). The number of employed in March 2023 exceeded that of March 2022 by 1.3% (+297 thousand units). The increase involves men, women and all age groups, with the exception of the 35-49 year olds due to the negative demographic dynamics; the employment rate, which overall increased by 0.9 percentage points, also rose in this age group (+0.5 points) because the decrease in the number of employed people aged 35-49 was less marked than that of the corresponding overall population. Compared to March 2022, both the number of people looking for work decreased (-5.1%, equal to -106 thousand units) and the number of inactive people between the ages of 15 and 64 (-2.2%, equal to -281 thousand ).

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