Monthly unemployment rate in Italy 2018-2020

Between 2018 and 2020, the unemployment rate in Italy slightly decreased. As of March 2020, the rate stood at 8.4 percent. However, regional differences existed within the country. In 2019, three Southern Italian regions recorded an unemployment rate of about 20 percent: Sicily, Calabria, and Campania. These regions also registered the largest unemployed population. On the contrary, most of the regions recording the lowest unemployment rates were situated in the North. For instance, in Trentino-South Tyrol the share of unemployed people was equal to 3.9 percent.

Unemployment mostly affects young people

  Nationwide, in January 2020, the unemployment rate added up to 29.3 percent, one of the highest rates in Europe. The mentioned Southern regions also registered the highest unemployment rates among the young population. In 2018, more than half of the people in Sicily, Campania, and Calabria aged between 15 and 24 years were unemployed.

Many young adults living with their parents

  A consequence of the country's high unemployment rates could be seen in the percentages of young adults living with their parents. In 2018, 70.7 percent of men aged between 18 and 34 years lived with their parents, whereas the share of young women was slightly lower. In Europe, most young adults often stayed with their parents in areas affected by the financial crisis and high unemployment.