THE JOB MARKET
At the present moment Italy is in a favourable economic climate.
Since its entry into the Euro zone (1st January 1999) Italy has
gained credibility and is involved in a vast progression of reforms
and modernisation. Inflation has been controlled, the exchange
rate is stabilised and the growth rate is at 2.6% after having
stagnated at around 1.2% in the 90s.
This run-up does not hide the disparities particularly noticeable
between the North and the South of the country: the unemployment
rate in Mezzogiorno remains very high (more than 20%), whereas
the cities of Milan and Turin have become strong economic centres
that are particularly attractive in Europe.
Unemployment rate: 11.2%
Principal economic partners: Germany and France then USA,
Japan, Great Britain and Greece.
Number of foreign employees: 1 million