Italy EUR

Italy Unemployment Rate

Impact:
Medium

Latest Release:

Big Surprise:
-0.4%
| EUR
Actual:
5.9%
Forecast: 6.3%
Previous/Revision:
6.2%
Period: Apr 2025

Next Release:

Forecast: 6%
Period: May 2025
What Does It Measure?
The Italy Unemployment Rate measures the percentage of the labor force that is unemployed and actively seeking employment within the Italian economy. This national indicator focuses on employment levels and labor market conditions in Italy, with key areas including the number of unemployed individuals as a percentage of the total labor force. -
Frequency
The unemployment rate is released on a monthly basis and typically delivered as both a preliminary estimate and a final figure, usually within the first two weeks of the following month. -
Why Do Traders Care?
Traders scrutinize the unemployment rate for its insights into the health of the Italian economy, as a higher rate often correlates with economic weakness, affecting consumer spending and growth potential. A lower or improving rate may be bullish for the euro and Italian equities, suggesting economic strength, while a higher rate can be bearish due to negative implications for growth and fiscal stability. -
What Is It Derived From?
The unemployment rate is derived from a comprehensive survey conducted by ISTAT (Italian National Institute of Statistics), which includes thousands of households across Italy. Data is collected using standardized methodologies in alignment with international labor standards, ensuring accuracy and comparability for policy assessment and international reports. -
Description
Monthly reports typically provide initial estimates that serve as leading indicators of labor market trends, later revised to more accurate final figures after additional data is evaluated. Initial figures are influenced by variables such as seasonal adjustments and economic conditions, often causing preliminary data to be more closely watched by markets. Differences between preliminary and final figures can lead to adjustments in market sentiment, with the former providing timely insights while the latter refines the economic analysis. -
Additional Notes
As a coincident indicator, the Italy Unemployment Rate provides real-time insights into the state of the labor market in Italy, which directly influences economic policies and forecasts. Comparisons with similar labor reports from other countries, such as the Eurozone overall or major economies like Germany and France, help analysts assess Italy's relative economic performance within the region. -
Bullish or Bearish for Currency and Stocks
Higher than expected: Bearish for the Euro, Bearish for Italian Stocks. Lower than expected: Bullish for the Euro, Bullish for Italian Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the ‘Actual’ value differs enough from the forecast or if the ‘Previous’ value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the ‘Actual’ deviates from the forecast or there’s a notable revision to the ‘Previous’ value.

Medium Potential Impact
This event is unlikely to affect market pricing unless there’s an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
'Actual' deviated from 'Forecast' on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency.

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
5.9%
6.3%
6.2%
-0.4%
6.3%
6.2%
6.4%
0.1%
6.2%
5.7%
5.7%
0.5%
5.7%
6%
5.8%
-0.3%
5.8%
6.1%
6%
-0.3%
6.1%
6.2%
6.1%
-0.1%
6.2%
6.6%
6.4%
-0.4%
6.5%
7%
6.9%
-0.5%
7%
6.8%
6.9%
0.2%
6.8%
6.9%
6.8%
-0.1%
6.9%
7.2%
7.2%
-0.3%
7.2%
7.5%
7.4%
-0.3%
7.5%
7.2%
7.3%
0.3%
7.2%
7.2%
7.2%
7.2%
7.6%
7.4%
-0.4%
7.5%
7.9%
7.7%
-0.4%
7.8%
7.5%
7.6%
0.3%
7.4%
7.4%
7.3%
7.3%
7.7%
7.5%
-0.4%
7.6%
7.4%
7.5%
0.2%
7.4%
7.7%
7.5%
-0.3%
7.6%
7.9%
7.8%
-0.3%
7.8%
7.8%
7.9%
7.8%
8%
7.9%
-0.2%
8%
8%
8%
7.9%
7.8%
7.8%
0.1%
7.8%
7.8%
7.8%
7.8%
7.8%
7.9%
7.8%
8%
7.9%
-0.2%
7.9%
7.8%
7.9%
0.1%
7.8%
7.9%
7.9%
-0.1%
7.9%
8.1%
8%
-0.2%
8.1%
8.1%
8.2%
8.1%
8.4%
8.3%
-0.3%
8.4%
8.3%
8.4%
0.1%
8.3%
8.4%
8.5%
-0.1%
8.5%
8.7%
8.6%
-0.2%
8.8%
9%
9%
-0.2%
9%
9.2%
9.1%
-0.2%
9.2%
9.3%
9.4%
-0.1%
9.4%
9.1%
9.2%
0.3%
9.2%
9.2%
9.3%
9.3%
9.2%
9.3%
0.1%
9.3%
9.7%
9.4%
-0.4%
9.7%
10.4%
10.2%
-0.7%
10.5%
10.8%
10.7%
-0.3%
10.7%
10.1%
10.4%
0.6%
10.1%
10.3%
10.2%
-0.2%
10.3%
9.1%
9.8%
1.2%
10.2%
9%
10.3%
1.2%
9%
8.8%
8.8%
0.2%
8.9%
10.2%
9.5%
-1.3%
9.8%
9.9%
9.7%
-0.1%
9.6%
10.1%
9.7%
-0.5%
9.7%
10.1%
9.8%
-0.4%
9.7%
9.1%
9.3%
0.6%
8.8%
8.6%
8.3%
0.2%
7.8%
7.7%
6.6%
0.1%
6.3%
9.5%
8%
-3.2%
8.4%
10.5%
9.3%
-2.1%
9.7%
10%
9.8%
-0.3%
9.8%
9.8%
9.8%
9.8%
9.7%
9.8%
0.1%
9.7%
9.8%
9.7%
-0.1%
9.7%
9.8%
9.9%
-0.1%
9.9%
9.6%
9.6%
0.3%
9.5%
9.9%
9.8%
-0.4%
9.9%
9.6%
9.8%
0.3%
9.7%
10%
9.8%
-0.3%
9.9%
10.3%
10.1%
-0.4%
10.2%
10.3%
10.2%
-0.1%
10.2%
10.7%
10.5%
-0.5%
10.7%
10.5%
10.5%
0.2%
10.5%
10.4%
10.4%
0.1%
10.3%
10.6%
10.5%
-0.3%
10.5%
10.1%
10.6%
0.4%
10.6%
10.1%
10.3%
0.5%
10.1%
9.9%
9.8%
0.2%
9.7%
10.5%
10.2%
-0.8%
10.4%
10.8%
10.8%
-0.4%
10.9%
10.8%
10.7%
0.1%
10.7%
11.1%
11%
-0.4%
11.2%
10.9%
11.1%
0.3%
11%
10.9%
11%
0.1%
10.9%
11%
11.1%
-0.1%
11.1%
10.8%
10.9%
0.3%
10.8%
10.9%
10.9%
-0.1%
11%
11%
11.1%
11.1%
11.1%
11.1%
11.1%
11.1%
11.1%
11.2%
11.2%
11.3%
11.3%
11.1%
11.2%
0.2%
11.1%
11.3%
11.3%
-0.2%
11.3%
11%
11.2%
0.3%
11.1%
11.6%
11.5%
-0.5%
11.7%
11.5%
11.5%
0.2%
11.5%
11.9%
11.8%
-0.4%
11.9%
12%
11.9%
-0.1%
12%
11.8%
12%
0.2%
11.9%
11.6%
11.8%
0.3%
11.6%
11.6%
11.7%
11.7%
11.4%
11.5%
0.3%
11.4%
11.4%
11.4%
11.4%
11.6%
11.6%
-0.2%
11.6%
11.4%
11.5%
0.2%
11.5%
11.6%
11.6%
-0.1%
11.7%
11.4%
11.5%
0.3%
11.4%
11.7%
11.6%
-0.3%
11.7%
11.5%
11.6%
0.2%
11.5%
11.4%
11.6%
0.1%
11.4%
11.2%
11.4%
0.2%
11.3%
11.5%
11.5%
-0.2%
11.5%
11.7%
11.5%
-0.2%
11.8%
11.9%
11.9%
-0.1%
11.9%
11.9%
12%
12%
12.6%
12.5%
-0.6%
12.7%
12.3%
12.5%
0.4%
12.4%
12.3%
12.4%
0.1%
12.4%
12.8%
12.6%
-0.4%