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Talent Solutions - EMEA QMR Q2 2023 | 29 Italy ears ears ears ears ears ears Male Male e ale e ale , , , , , , , , ears Latest Available Data Q2 2023 Total Labor Force (000s) 25,271 Employed Workers (000s) 23,300 Unemployed Workers (000s) 1,971 Unemployment Rate 7.8% ▪ 24% (almost one in every four) of the Labor force is 55 years+. ▪ The standard retirement age in Italy is 67 years. ▪ Compared to Q1 2019, the number of Labor force participants has fallen among the 25-54 year olds but has increased in the 55-64 and 65 years+ by 11% and 10% respectively. inance nsurance ealt ocial or nfor ation o Manufacturin Workforce Statistics Labor Force Participation Rates by Age and Sex Age Profile of Labor Force Number of Participants in Labor Force By Age (000s) Job Vacancy Rate by Industry TalentNeuron Hiring Demand Trend by Job Function Hiring Demand Trend For Vacancies *Job Vacancy Rate is the number of Job Vacancies as a percentage of the Total Potential Jobs (Employed + Job Vacancies) ILOSTAT Eurostat