In 2004,based on concepts similar to those used to estimate U.S.employment figures,the Italian adult non-institutionalized population was 45.020 million,the labor force was 24.065 million,and the number of people employed was 22.105 million.According to these numbers,the Italian labor-force participation rate and unemployment rate were about

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The labor-force participation rate is calculated as (labor force / adult non-institutionalized population) * 100 = (24.065 million / 45.020 million) * 100 ≈ 53.5%. The unemployment rate is calculated as ((labor force - employed) / labor force) * 100 = ((24.065 million - 22.105 million) / 24.065 million) * 100 ≈ 8.1%.

In 2004,based on Concepts Similar to Those Used to Estimate