Italy Unemployment Rate at 13.4% in November


Italian seasonally adjusted jobless rate rose for the third consecutive month to 13.4 in November of 2014 from a revised 13.3 percent in October, hitting a new record high.

The number of unemployed persons fell 0.2 percent over October to 3.457 million persons while employment decreased 0.1 percent to 22.31 million persons. The inactive rate was steady at 35.7 percent.

The employment rate was 55.5 percent, down from 55.6 percent in the previous month.

Youth unemployment rate increased 0.6 percent to a new record high 43.9 percent in November.

Italy Unemployment Rate at 13.4% in November


Istat | Carolina Cunha | carolina.cunha@tradingeconomics.com
1/7/2015 10:37:03 AM