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Press release

Employment and unemployment (provisional estimates)

After the decline observed in the last month, in October 2018 the number of employed people is substantially unchanged. The employment rate stood at 58.7%, stable on the previous month.

For the second month the number of unemployed people increased (+2.4%, +64 thousand), involving women, men and all age groups. The unemployment rate rose to 10.6% (+0.2 percentage points in a month) and the youth rate slight increased to 32.5% (+0.1 percentage points).

In October, inactive people aged 15-64 decreased among both genders and all age groups excluded people aged 25-34 (-0.6%, -77 thousand). The inactivity rate declined to 34.2% (-0.2 percentage points).

In the period August-October 2018 employment went down compared with the previous quarter (-0.2%, -40 thousand). The decrease involved women, men and people aged 15-49, while over 50 grew.

In the same quarter, the fall of employment was accompanied by the decrease of unemployment (-2.5%, -70 thousand) while the inactivity went up (+0.4%, +56 thousand).

Employment rose by 0.7% (+159 thousand) compared with October 2017. The increase concerned both women and men. Employment grew sharply among people aged over 50 (+330 thousand), moderately among people under 25 (+20 thousand), while it decreased among people aged 25-49 (-190 thousand).

On a yearly basis, the growth of employment was accompanied by the fall of unemployment (-4.1%, -118 thousand) and of inactivity (-1.1%, -143 thousand).

Reference period: October 2018

Date of Issue: 30 November 2018

Next release: 9 January 2019

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