Historical Year Data · 2022
Italy Unemployment Rate in 2022
Italy Unemployment Rate opened 2022 at 8.60% and closed at 7.90%, a -8.14% move for the year. The high of 8.60% was reached on January 1, and the low of 7.80% on October 1.
Open
8.60%
2022-01
Close
7.90%
12 data points
High
8.60%
Jan 1
Low
7.80%
Oct 1
Full Year Change
-8.14%
2021 Change
-13.73%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 8.60% | 8.60% | 8.60% | 8.60% | +0.00% |
| Feb | 8.40% | 8.40% | 8.40% | 8.40% | +0.00% |
| Mar | 8.30% | 8.30% | 8.30% | 8.30% | +0.00% |
| Apr | 8.10% | 8.10% | 8.10% | 8.10% | +0.00% |
| May | 8.10% | 8.10% | 8.10% | 8.10% | +0.00% |
| Jun | 8.20% | 8.20% | 8.20% | 8.20% | +0.00% |
| Jul | 7.90% | 7.90% | 7.90% | 7.90% | +0.00% |
| Aug | 8.20% | 8.20% | 8.20% | 8.20% | +0.00% |
| Sep | 8.00% | 8.00% | 8.00% | 8.00% | +0.00% |
| Oct | 7.80% | 7.80% | 7.80% | 7.80% | +0.00% |
| Nov | 7.80% | 7.80% | 7.80% | 7.80% | +0.00% |
| Dec | 7.90% | 7.90% | 7.90% | 7.90% | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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