(Finance) – In July 2022, the number of employees remains stable above 23.2 million, despite recording a slight decline for the first time since August 2021. This was announced by Istat according to which compared to July 2021, the increase of over 460 thousand employees is mainly determined by employees who, in July 2022, amounted to over 18 million 200 thousand; the forward component, in particular, reaches its highest value since 1977, the first year of the time series.
The employment rate it falls to 60.3%, the unemployment rate to 7.9% and the inactivity rate rises to 34.4%. In July, compared to the previous month, both the employed and the unemployed decreased, while the inactive increased.
Employment falls (-0.1%, equal to -22 thousand) among females, permanent employees, self-employed persons and all age groups, with the exception of those over 50, among whom it is growing; growth that is also recorded among males and temporary employees. The employment rate drops to 60.3% (-0.1 points).
The decline in the number of job seekers (-1.6%, equal to -32 thousand units compared to June) is observed for both sexes and mainly between 35-49 year-olds. The unemployment rate drops to 7.9% (-0.1 points) and rises to 24.0% among young people (+0.1 points).
There growth in the number of inactive persons between 15 and 64 years (+ 0.4%, equal to + 54 thousand units) involves men and women and the age groups under 50. The inactivity rate rises to 34.4% (+0.2 points).
Comparing the May 2022-July 2022 quarter with the previous one (February 2022-April 2022), there is an increase in the level of employment equal to 0.6%, for a total of 140 thousand more employees.