Africa Corporate Wellness Market, by End User, 2018-2027
Italy Unemployment, total (% of total labor force) (modeled ILO estimate)
What is Italy's unemployment, total (% of total labor force) (modeled ilo estimate)? As of 2023, it's 7.6% of total labor force, down from 12.7% of total labor force in 2014.
| Label | Unemployment, total (% of total labor force) (modeled ILO estimate) |
|---|---|
| 2014 | 12.683% of total labor force |
| 2015 | 11.896% of total labor force |
| 2016 | 11.688% of total labor force |
| 2017 | 11.211% of total labor force |
| 2018 | 10.538% of total labor force |
| 2019 | 9.884% of total labor force |
| 2020 | 9.192% of total labor force |
| 2021 | 9.497% of total labor force |
| 2022 | 8.069% of total labor force |
| 2023 | 7.627% of total labor force |
Data Source: World Bank and Wantstats Repository
Italy Unemployment, total (% of total labor force) (modeled ILO estimate): Key Points
- What jumps out first is the 40% fall — Italy's unemployment, total (% of total labor force) went from 12.68 % of total labor force in 2014 to 7.63 % of total labor force in 2023.
- 2015: down to 11.90 % of total labor force (-6%).
- 2017-2020: drifts lower, 9.19 % of total labor force (-21%).
- 2021: up to 9.50 % of total labor force (+3%).
- 2022-2023: keeps falling, down to 7.63 % of total labor force (-20%).
- Overall move from 2014 to 2023: 39.9% loss, settling at 7.63 % of total labor force.
Making Sense Of A Bumpy Path
Multiple direction changes over the period mean any two-point comparison — say, first year to last — is likely to be misleading on its own. The middle years matter just as much.
The 2022 move is the sharpest point in the chart. Big single-year jumps like this in national indicator data often trace back to a survey update, a revised model, or a real shock — worth confirming which before quoting the number on its own.
Treat the exact numbers as directional rather than precise, and lean on the overall shape of the unemployment, total (% of total labor force) line for Italy rather than any one year in isolation.
Like most indicator series of this kind, the Italy numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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