Italy Unemployment Rate Worse than Expected


The jobless rate in Italy came in at 14 percent in December of 2015, the same as an upwardly revised 14 percent in the previous month. Figures came above market expectations as the number of unemployed grew by 18 thousand and the economy lost 21 thousand jobs.

In December, the number of unemployed persons increased to 2897.89 thousand. Youth unemployment rate eased to 37.9 percent from 38 percent in the previous month, reaching the lowest since October of 2012.

The number of employed persons fell to 22469.66 and the employment rate slipped to 56.4 percent in December from 56.5 percent in November.

Italy Unemployment Rate Worse than Expected


Istat | Joana Taborda | joana.taborda@tradingeconomics.com
2/2/2016 10:05:25 AM