According to OECD figures for October 2024, Italy's unemployment rate fell to its lowest level since January 1983, a 2-percentage point reduction from October 2023. According to today's study, this progress marks a watershed moment for a country with a long history of high unemployment rates, particularly among youth. At the European level, Italy stands out positively: while the unemployment rate in the European Union remains at 5.9% and in the Eurozone at 6.3%, the reduction in Italy is the most pronounced. However, youth unemployment remains a crucial challenge: despite general progress, the rate for those aged 15 to 24 is significantly higher than the national average, demonstrating a continuing divide between young people and more experienced workers. The Italian improvement, according to the OECD, can be ascribed to a number of causes. Growth in the technological and manufacturing industries, combined with a push to hire young people and women, increased job opportunities. In addition, the country's economic structure has been fortified by structural reforms, which include support for small and medium-sized enterprises and vocational training programs. Despite advances, Italy has significant hurdles in achieving a more equitable labour market. Gender disparities persist: women's unemployment rates, albeit decreasing, remain higher than men's. Furthermore, the issue of work uncertainty, exacerbated by a high number of fixed-term contracts, continues to hinder many families' financial stability. At the European level, the situation is generally stable, with unemployment rates currently at historic lows: 5.9% in the European Union and 6.3% in the Eurozone. These numbers show a favorable trend, fueled by employment initiatives and post-pandemic economic recovery.