ISTAT said Thursday that it expects
Italy's unemployment rate to rise from 9.4% this year to 11% in
2021.
The national statistics agency said people returning to the
labour market after not being actively engaged on it during the
COVID-19 emergency will be a factor in the rise in the jobless
rate next year.
It said Italy's GDP will be down 8.9% in real terms this year
and will recover partially, by 4%, in 2021.
"After a strong recovery of production and trade during the
summer, new containment measures of contagions, which are
recently increasing in many countries, put a drag on
international recovery perspectives," ISTAT said.
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