Italy Unemployment Rate Falls to 12.3% in June


Italy seasonally adjusted jobless rate was recorded at 12.3 percent in June of 2014, down from 12.6 percent in May. It is the lowest rate since nearly a year earlier, as more people were employed.

Unemployed registered 3,153 million, less 2.4 percent compared with the previous month. Youth unemployment rate (aged 15-24) was 43.7 percent, 0.6 percentage points higher than May.

The number of employed persons amounted to 22,398 million in June of 2014, a 0.2 percent increase from May. The employment rate was 55.7 percent, 0.2 percentage points higher compared with May.

The inactivity rate was 36.3 percent, unchanged over May.

Italy Unemployment Rate Falls to 12.3% in June


Istat | Isabel Felino | isabel.felino@tradingeconomics.com
7/31/2014 9:45:20 AM