Italy's public expenditure on the labor market accounted for 1.56 percent of the GDP in 2018. The public spending on the job market includes public employment services (PES), training, hiring subsidies, job creations in the public sector, as well as unemployment benefits. Between 2007 and 2018, the spending peaked in 2012 and 2013. In Italy, the total social expenditure amounts to 28.2 percent of the country's GDP, some of the highest among the OECD countries.
Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018
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Expenditure as a share of GDP
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The source adds the following information: "Public spending on labour market programmes includes public employment services (PES), training, hiring subsidies and direct job creations in the public sector, as well as unemployment benefits."
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OECD. (March 2, 2021). Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018 [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/
OECD. "Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018." Chart. March 2, 2021. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/
OECD. (2021). Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/
OECD. "Public Spending on Labor Market as a Share of Gdp in Italy in Selected Years from 2007 to 2018." Statista, Statista Inc., 2 Mar 2021, https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/
OECD, Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018 Statista, https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/ (last visited July 03, 2024)
Public spending on labor market as a share of GDP in Italy in selected years from 2007 to 2018 [Graph], OECD, March 2, 2021. [Online]. Available: https://www.statista.com/statistics/1214129/public-spending-on-labor-market-in-italy/