Istat: -23 thousand employed in July, + 440 thousand per year. Since the beginning of the Covid pandemic -260 thousand employed

2021-09-01T08:28:47.087Z

Compared to June, there was a decrease in the number of employees of 23,000 units in July (-0.1%). The employment rate was stable at 58.4%. But in the annual comparison, following the recovery of employment between February and June, the number of employees is higher by 2.0% (+ 440 thousand). Istat indicates it. "Despite a modest decline in the number of employees and a stability in the employment rate - he comments - the strong growth recorded in the previous five months resulted in a balance of 550 thousand more employees compared to January 2021". However, "we have not yet returned to pre-pandemic levels (February 2020): the number of employees is lower by more than 260 thousand units, the employment and unemployment rates remain lower, while the inactivity rate is higher than 0. ,7 points ". The unemployment rate in July drops to 9.3% (-0.1 points compared to June) and among young people to 27.7% (-1.6 points). the provisional monthly data on employed and unemployed The decrease in the number of job seekers is equal to -29 thousand units (-1.2%) compared to June and is concentrated mainly among men and young people aged 15-24. Compared to the previous month, July recorded a decrease in the number of employed (-23 thousand, -0.1%) and unemployed (-29 thousand, -1.2%) but an increase in the number of inactive. of people who do not have a job and are not even looking for it increases by 28 thousand units (+ 0.2%). The inactivity rate rises to 35.5% (+ 0.1 points). This was reported by Istat. Compared to July 2020, the number of inactive,which had increased exceptionally at the beginning of the health emergency, decreased by 484 thousand units (-3.5%). (HANDLE).