Italy Unemployment Rate at 4-Month Low

Italian jobless rate decreased to 12.9 percent in December from 13.3 percent November. It is the lowest figure since August as employment increased for the first time in three months.

In December, 22.422 million persons were employed, 0.4 percent more compared with November. There were 3.322 million unemployed people, 3.2 percent less than in the previous month.

The employment rate increased slightly to 55.7 percent from 55.5 in November.

Youth unemployment fell to 42 percent from a revised 43 percent in the previous month.

Italy Unemployment Rate at 4-Month Low

Istat | Joana Taborda |
1/30/2015 3:54:17 PM