EMPLOYED AND UNEMPLOYED (PROVISIONAL DATA) - AUGUST 2023

In August 2023, compared to the previous month, the employed increased, the unemployed decreased and the inactive remained essentially stable. The increase in employment (+0.3%, equal to +59 thousand units), observed for men and women, employed and self-employed, involves 25-34 year olds and those over 50 years of age. The employment rate rises to 61.5% (+0.1 points). The decrease in the number of people looking for work (-3.2%, equal to -62 thousand units) also involves both men and women and concerns all age groups. The total unemployment rate fell to 7.3% (-0.2 points), the youth unemployment rate to 22.0% (-0.1 points). The number of inactive people between the ages of 15 and 64 is essentially stable and is a synthesis of the increase among men and those under 50 years of age and the decrease among women and those over fifty. The inactivity rate is stable at 33.5%. Comparing the June-August 2023 quarter with the previous one (March-May 2023), there was an increase in the employment level of 0.5%, for a total of 129 thousand employed. The growth in employment, observed in the quarterly comparison, is associated with the decrease in people looking for work (-4.2%, equal to -81 thousand units) and inactive people (-0.5%, equal to -58 thousand units) . The number of employed people in August 2023 exceeds that of August 2022 by 2.3% (+523 thousand units). The increase involves men, women and all age groups, with the exception of 35-49 year olds due to the negative demographic dynamics: the employment rate, which overall is increasing by 1.4 percentage points, also rises in this age group (+1.0 points) because the decrease in the number of employed 35-49 year olds is less marked than that of the corresponding overall population. Compared to August 2022, both the number of people looking for work decreased (-9.1%, equal to -185 thousand units) and the number of inactive people between 15 and 64 years old (-3.1%, equal to -398 thousand ). The comment In August 2023, after the decline recorded in July, employment began to grow again - by 59 thousand units compared to the previous month - especially among fixed-term employees. The number of employed people stands at 23 million 593 thousand and, compared to August 2022, there is an increase of 550 thousand permanent employees and 48 thousand self-employed workers, while the number of fixed-term employees is 74 thousand lower. On a monthly basis, the employment rate rises to 61.5%, the unemployment rate drops to 7.3% and the inactivity rate remains stable at 33.5%.