ISTAT said on Thursday that the unemployment rate in Italy is expected to rise from 9.4% this year to 11% in 2021.
The National Bureau of Statistics said that those who did not actively participate in the labor market and returned to the labor market during the COVID-19 emergency will be a factor in the rise in unemployment next year.
It said Italy’s GDP will actually fall by 8.9% this year and will partially recover 4% by 2021.
ISTAT said: “After a strong recovery in production and trade in the summer, new measures to curb infectious diseases have recently increased in many countries, which has dragged down the prospects for international recovery.”