Unemployment: inactive still down, unemployment rate at 12% – Corriere della Sera

In the month of December remained stable compared to November levels of employment, with the unemployment rate at 12%, makes known the Istat, remembering that it is the higher level by June 2015 (by 12.2%). The unemployed reached 3.103.000 with an increase of 9,000 units on November and of 144,000 units on December 2015.
Still fall in the inactive between 15 and 64 years with -15.000 units on November and -478.000 unit on December 2015. The rate of inactivity is stable around historical lows for 34.8%. Are increased the employees with +52.000 units on November (especially the end), while the independents declined of $ 52,000.

Warning among young people

In December, the unemployment rate of 15-24 who, that is, the share of youth unemployed on the total of the active ones is equal to 40,1%, an increase of 0.2 percentage points compared to the previous month. From the calculation of the unemployment rate, says the Institute, are by definition excluded young people inactive, that is, those who are not employed and not looking for work, in most cases, this is because engaged in your studies.
The incidence of young unemployed people between 15 and 24 years of age on the total of young people of the same age class is equal to 10.9% (or slightly more than one in 10 is unemployed), the incidence increase of 0.1 percentage points compared to November.

the Employed and the inactive

The unemployment rate for November was revised to 12 from 11.9%. Expectations for December showed 11.8%. In December, the employment rate is, to 57.3%, in line with the figure of November. The busy – 22,783 million – remained stable compared to November and a rise of 1.1% on an annual basis. In the month of December, the number of inactive remains substantially unchanged on the basis of economic (or 0.1%), while it decreases by 3.4%.

But in the Eurozone drops

The rate of unemployment in the Eurozone in December fell to 9.6% (equal to 15,571 million without a job) from 9.7% in November, with a gain of 121mila places. Last month is the lowest level since may 2009. The indicates Eurostat, which specifies how to December 2015 the rate was 10.5%, to 16,827 million unemployed. In 12 months, therefore, have been recovered 1,256 million jobs. In the whole of the Eu-28 the December rate was 8.2%, stable compared to the previous month.

31 January 2017, (change to January 31st, 2017 | 11:07)

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