The seasonally adjusted unemployment rate stood at 12.2% in March compared to 16.8% in March 2021 and the revised downward 12.7% in February 2022.
According to ELSTAT data, the employees amounted to 4,187,657 people, recording an increase of 523,963 people compared to March 2021 (+ 14.3%) and 16,180 people compared to February 2022 (+0.4 %).
The unemployed amounted to 582,001 people, recording a decrease of 156,457 people compared to March 2021 (-21.2%) and a decrease of 25,233 people compared to February 2022 (-4.2%).
The number of people under 75 who are not in the workforce, or “people outside the workforce”, ie people who are not working or looking for work, amounted to 3,069,759, a decrease of 399,928 people compared to March 2021 (-11.5%) and an increase of 6,359 people compared to February 2022 (+ 0.2%).
Source: Capital
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