Employment and unemployment (monthly)

In November 2022 the number employed and unemployed people declined, while a rise was recorded for inactive persons.

On a monthly basis, the drop of employment (-0.1%, -27 thousand) concerned women and people aged 35-49, while for men and youngest people an increase was recorded. Overall, the employment rate fell to 60.3% (-0.1 p.p.).

In the last month, the decline of unemployed persons (-0.8%, -16 thousand) involved both genders and people under the age of 35. The unemployment rate remained unchanged at 7.8%, the youth rate fell to 23.0% (-0.6 p.p.).

In November the growth of inactive people aged 15-64 (+0.4%, +49 thousand) concerned men, women and people aged more than 50 years. The inactivity rate rose to 34.5% (+0.1 p.p.).

In the period September-November2022, with respect to the previous quarter (June-August 2022), employment increased (+0.1%, +27 thousand).

In the last three months, a drop was registered for both unemployed persons (-1.3%, -26 thousand) and inactive people aged 15-64 years (-0.2%, -24 thousand).

Compared with November 2021, the number of employed persons increased by 1.2% (+278 thousand), the growth concerned both genders and all age groups except 35-49 years; the employment rate showed an increase of 1.0 p.p. .

On a yearly basis, the rise of employed people was accompanied by a decrease of both unemployed persons (-13.2%, -298 thousand) and inactive people aged 15-64 (-1.0%, -125 thousand).