# Italy Jan jobless rate edges up to 7.9%, with 35,000 jobs created
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-03-02
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Italy's Unemployment Rate Increases to 7.9% in January
Meta Description: Italy's jobless rate increased marginally to 7.9% in January, with youth unemployment up to 22.9%. Overall employment rose slightly to 60.8%.
URL: https://financedigest.com/italy-jan-jobless-rate-edges-up-to-7-9-with-35000-jobs-createdhtml

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ROME (Reuters) – Italy’s unemployment rate rose slightly to 7.9% in January from an unrevised 7.8% the month before, national statistics bureau ISTAT said on Thursday.

A Reuters survey of analysts had forecast a jobless rate of 7.8%.

In January the youth unemployment rate, measuring job-seekers between 15 and 24 years old, increased to 22.9% from an upwardly revised 22.2% the month before.

Italy’s overall employment rate in January marginally rose to 60.8%. The number of [people in work](https://www.financedigest.com/uk-employment-sector-set-for-huge-shift-over-1-5-million-people-to-trade-in-full-time-work-for-the-gig-economy.html "UK employment sector set for huge shift: Over 1.5 million people to trade in full-time work for ‘the gig economy’") rose by 35,000 from the month before.

ISTAT gave the following data:

JAN DEC NOV

[JOBLESS RATE](https://www.financedigest.com/russian-retail-sales-fall-deeper-jobless-rate-rises-in-sept-data.html "Russian retail sales fall deeper, jobless rate rises in Sept – data") 7.9 7.8 7.8

YOUTH [UNEMPLOYMENT RATE](https://www.financedigest.com/u-s-job-growth-powers-ahead-unemployment-rate-at-3-4.html "U.S. job growth powers ahead; unemployment rate at 3.4%") (15-24) 22.9 22.2r 23.3r

EMPLOYMENT RATE (15-64) 60.8 60.7r 60.6r

r=revised

(Reporting by Antonella Cinelli)


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