Italy's employment in November at highest level since 1977: ISTAT

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ROME, Jan. 9 (Xinhua) -- Italy saw employment in November at its highest levels since the start of statistics in 1977, latest provisional data by the National Institute of Statistics showed on Thursday.

The employment rate rose by 0.1 percentage points against the previous month to 59.4 percent, with 41,000 more people employed.

Such growth was the result of "an increase among women, and a substantial stability among men" in the job market, according to ISTAT.

An upward trend was observed in the group of people aged 25 to 34, which received a boost by 34,000 more jobs, and among people aged over 50, with 21,000 added jobs. A decline was seen among people aged under 25 and between 35 and 49 years old.

"After a jobs growth in the first half of the year (2019) and the fluctuation in the third quarter, the increasing trend seen in October has been confirmed in November, bringing employment to a historic high (namely, since the beginning of time series in 1977)," ISTAT wrote in its report.

According to the agency, besides the relevant jobs increase seen among people aged 25 to 34, November's employment growth was driven by a rise of permanent workers. The number of both fixed-term workers and self-employed people dropped in the same period.

At the same time, Italy registered "a slight increase" in the number of unemployed and a decrease in the inactivity rate, which dropped by 0.2 percentage points to 34 percent.

Overall, the country's unemployment remained stable at 9.7 percent in November compared to the previous month.

However, a negative trend was registered among young people, the most fragile section of the Italian job market. The youth unemployment rate in fact climbed on the monthly basis by 0.4 percentage points to 28.6 percent.

Compared to the same month in 2018, employment in November increased by 1.2 percent, ISTAT said. Enditem

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