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

Italy jobless rate hits high of 13 percent

Share this article

Italy jobless rate hits high of 13 percent
Italy's unemployment rate has edged up from 12.9 percent in January. Unemployment photo: Shutterstock
10:46 CEST+02:00
The unemployment rate in Italy rose to a record 13.0 percent in February, an initial official estimate showed on Tuesday.

The rate edged up from 12.9 percent in January, and over 12 months rose by 1.1 percentage points, the statistics institute Istat said.

The new figures continue a negative trend which has seen unemployment at its highest point since records began in 1977.

Last year the number of employed people in Italy fell by 478,000, making it the worst year since the economic crisis began in 2008, according to Istat.

Prime Minister Matteo Renzi put job creation at the top of his agenda when taking office in February, in a bid to bring down what is one of Europe's highest unemployment rates.

Italy has the eigth-highest jobless rate out of the 28 EU countries, falling behind the 10.6 percent average. 

In the EU Greece tops the chart with a jobless rate of 27.5 percent, closely followed by Spain's 25.6 percent.

SEE ALSO: Italian workers flock to UK in record numbers

Don't miss a story about Italy - Join us on Facebook and Twitter.

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

Change the world with a master’s degree from Sweden’s Linköping University

Master’s students at world-leading Linköping University (LiU) aren’t there simply to study. They solve real-world problems alongside experts in fields that can create a better tomorrow. Do you have what it takes to join them?

Advertisement