The unemployment rate in Italy topped out at 12.7% of total labor force in 2014 as a consequence of a rapid growth since 2007. However, after the peak, unemployment suffered the shrinkage of 1.1% by 2016.
International agencies including IMF, UN, EC, and OECD all predict this downturn to continue.
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World in 2020
Access and compare forecasts for more than 50 indicators related to a country’s economic, demographic, and energy futures from leading international institutions. Assess the historic quality of forecasts with our Forecast Accuracy Tracking Tool™ and select the most accurate forecast to support your analysis.