What is the unemployment rate in Italy 2020?
Unemployment rate in Italy 2008-2020 Italy’s unemployment rate almost reached 9.1 percent in the first quarter of 2020, the lowest value since 2012. The regions with the highest unemployment rates were situated in the South.
Why is unemployment so high in southern Italy?
This is generally caused by the time period between graduating from school or university and the gap between getting an actual job. A case can also be made that Italy’s youth unemployment problem is exacerbated by Europe’s rather erratic economy, one that has seen its fair share of upheavals in the last decade or so.
Is Naples Italy wealthy?
Naples is Italy’s third largest city in terms of economic size, coming after Milan and Rome. It is the world’s 91st richest city by purchasing power, with a GDP of $43 billion. The city has had remarkable economic growth since World War II, and unemployment in the wider region has fallen dramatically since 1999.
How bad is unemployment in Italy?
Italy’s unemployment rate stood at 9.2 percent in 2020, one of the lowest rates of the last years.
What is the jobless rate of Italy?
nine percent
Italy is fourth in unemployed population numbers among European Union countries. The Italian unemployment rate is nine percent. This figure has been decreasing steadily, registering the lowest rate of the last seven years in 2019.
Do Italians work less?
People in Italy work fewer years during their lifetime on average than in any other nation in Europe, new figures seem to show. The average young Italian today can expect to spend just 31.8 years in the labour market – more than a decade less than some of their peers in other countries.
Do Italians work a lot?
In the private sector, Italians tend to work long hours. A typical week’s working hours is from 9.00 am to 1.00 pm and from 2.30 pm to 6.00 pm, from Monday to Friday. In the public sector, typical working hours are from 8.00 am to 2.00 pm from Monday to Saturday.
Is Naples the poorest city in Italy?
Despite being a major tourist destination, Naples is one of the poorest cities in Europe. The city has an unemployment rate of about 28 percent, and some estimates even put the rate as high as 40 percent. Italy’s economic downfall has hit poor Neapolitans harder than most.
What is the richest region in Italy?
Lombardy
Lombardy remains the richest region in Italy with a GDP per capita about 32% higher than the national average and the 26% higher than the EU average.
What is the current unemployment rate in Italy?
Italy Unemployment Rate The unemployment rate in Italy fell to 10.5% in May of 2021 from 10.7% in April which was the highest rate since October 2018. Figures came below market forecasts of 10.8%. The number of unemployed people went down by 36K to 2.62 million, mainly women and all age classes except 25-34 years old.
What’s the unemployment rate in Sicily and Campania?
Sicily, Campania, and Calabria the three regions where the shares of citizens without a job ranged from 16.5 percent to 17.8 percent. The disparities in unemployment indicators can be observed not only on the regional level, but also among genders.
Who are the largest employers in Naples Italy?
The largest manufacturing employer in Naples is the Alfa Romeo automobile factory at nearby Pomigliano d’Arco; the word “Romeo” in the company name is a reference to Neapolitan engineer Nicola Romeo.
Why is there so much poverty in Naples Italy?
While Italy’s economic crisis has played a large part in the misfortunes of Naples, it is the rampant organized crime that is primarily to blame. For a long-term, sustainable fix to poverty in Naples, the mafia’s grip on the city’s politics must be eliminated.