Sale still unemployment among young people: it’s up 44.2% in August – Il Sole 24 Ore

Sale still unemployment among young people: it's up 44.2% in August – Il Sole 24 Ore

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This article was published on 30 September 2014 at 10:12.
last modified September 30, 2014 at 24:21.

record unemployment among young people in August. The unemployment rate of the 15-24, or the share of the unemployed in the total number of employed or looking, according to the latest provisional estimates released today by ISTAT, rose to 44.2%, an increase of one percentage point compared to July and 3.6 points on the year. This is the highest rate since 2004, the beginning of the time series monthly, and since 1977, the beginning of the publications of quarterly time series. The unemployed are between 15-24 710mila. The youth employment rate stands at 15%, down 0.5 percentage points on the month and 1.4 points on the year, its lowest since 2004 and since 1977.

Occupied stable in August +0.1%
In general, it remains substantially stable, the number of employees. In August 2014, notes the National Institute of Statistics, are 22 million 380 thousand, an increase of 0.1% compared to the previous month (+32 thousand) and essentially unchanged on an annual basis. The employment rate, at 55.7%, increased by 0.1 percentage points in both cyclical and compared to twelve months earlier.

Unemployed 134mila and a height of 3 m (0.9 to 2013)
The number of unemployed, 3 million 134mila, decreased by 2.6% compared the previous month (-82 thousand) and 0.9% on an annual basis (-28 thousand). The number of inactive individuals aged between 15 and 64 years increased by 0.2% compared to the previous month and decreased by 0.5% compared to twelve months earlier. The inactivity rate, 36.4%, increased by 0.1 percentage points in quarterly terms while decreases by 0.1 percentage points on an annual basis.

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