The ISTAT report highlights continued labor market recovery in 2024, with employment rates for 15-64-year-olds rising from 59.0% in 2019 to 62.2% (a +3.2 percentage point increase). Unemployment dropped from 10.1% to 6.6%, while inactivity slightly declined to 33.4%. Growth was most pronounced in the intermediate income class (+3.2 p.p.), driven by post-pandemic recovery. Older workers (55-64) saw the largest gains (+4.9 p.p.), partly due to pension age reforms. Youth (15-34) also improved (+3.2 p.p.), with higher growth in higher income brackets. Permanent contracts increased (+3.9 p.p.) while temporary roles declined. Self-employed with employees grew in higher income classes, while those without employees decreased. Agriculture showed slight employment decline, while construction and services expanded. The report underscores evolving labor dynamics across income and age groups.
© Istat.
Summary of content from Istat – https://www.istat.it.
Full text can be read at https://www.istat.it.
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