About the Economy
Petrochemical industry arrived in the 1900s. Outside this industry, the economy is dominated by food and agriculture and services All of these sectors seriously affected by the global downturn although services has been the most resilient. There is a heavy reliance on public sector which accounts for over 30% of employment.
About the Labour Market
There is a very low employment rate of 38% High – and rising - levels of unemployment (17.9% in 2014) and even higher amongst women and young people
About the Digital Economy
Whilst large and small employers across the city are no doubt using more digital tools and systems within their processes, the digital economy as an entity is in its infancy in Siracusa.