Italy - Wage & Salaries
Italy: Wage & Salaries
| Mnemonic | YPEWS.IITA | |
|---|---|---|
| Unit | Mil. EUR | |
| Annual | 7.85 % | |
| Data | 2021 | 732,782 |
| 2020 | 679,442 | |
Series Information
| Source | Italian National Institute of Statistics (ISTAT) |
| Release | Sub-National - Wages by Industry |
| Frequency | Annual |
| Start Date | 12/31/1995 |
| End Date | 12/31/2021 |
Italy: Labor
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Unemployment Rate | Jan 2023 | 7.92 | 7.81 | %, SA | Monthly |
| Labor Force Employment | 2022 Q4 | 23,249 | 23,129 | Ths. #, SA | Quarterly |
| Primary Industries Employment | 2022 | 895 | 912.9 | Ths. # | Annual |
| Secondary Industries Employment | 2022 | 6,028 | 5,846 | Ths. # | Annual |
| Total Employment | 2022 Q4 | 23,249 | 23,129 | Ths. #, SA | Quarterly |
| Unemployment | 2022 Q4 | 1,971 | 2,001 | Ths. #, SA | Quarterly |
| Wage & Salaries | 2021 | 732,782 | 679,442 | Mil. EUR | Annual |
| Agriculture Employment | 2017 | 996,718 | 993,689 | # | Annual |
| Tertiary Industries Employment | 2017 | 17,760,676 | 17,907,124 | # | Annual |
Release Information
The Italian National Institute of Statistics (ISTAT) reports annual data on wages and compensation of employees. The data set includes both national and sub-national statistics that are categorized by industry (NACE Rev2). All figures are in millions of Euros (Mil. EUR) and are not seasonally adjusted (NSA).
Data is obtained largely from collective labour agreements that were signed in Italy. Approximately 85.9% of wage earners have signed agreements. All types occupations and industries (NACE Rev2 classifications) are included in the survey.
Wages and earnings are the summation of basic pay, bonuses (specified in national agreements), bonuses paid periodically. There is an assumption that working hours are not fixed by the relevant labour agreements.
Compensation of employees is the total remuneration that an employer pays an employee in return for work done in the previous accounting period.
Data is subject to revisions.
On October 3rd, 2014, ISTAT release the new annual series of national accounts based on the new European System of Accounts (ESA 2010).
