Italy's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Italy's unemployment rate stabilizes

Share this article

Italy's unemployment rate stabilizes
More than 3 million people are looking for work in Italy. Photo: Controluce/AFP
11:20 CEST+02:00
Italy's unemployment rate remained stable at 12.0 percent in July, the same level as in June, a preliminary estimate by the national statistics agency Istat showed on Friday.

On a 12-month comparison the unemployment rate rose by 1.3 percentage points, Istat said in a statement.

The number of people looking for work rose to 3.076 million - a 0.3 percentage point increase from June, according to the seasonally adjusted data.

Among the active working population of 15 to 24-year-olds, the unemployment rate rose to 39.5 percent - a 0.4-percentage point increase from June and 4.3 points higher than in July 2012, Istat said.

Italy has been mired in a recession for two years and unemployment has been rising for months. The government has said it is expecting a gradual recovery to start towards the end of this year.

Get notified about breaking news on The Local

Share this article


The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.