Italy Unemployment Falls to 12.3%


Italian seasonally adjusted jobless rate decreased to 12.3 percent in August of 2014 from 12.6 percent in July. Youth unemployment hit a new record high.

The number of unemployed people fell 2.6 percent in August over July to 3.134 million. Meanwhile, unemployment among youth increased to 44.2 percent from a revised 43.2 percent in the previous month.

In August 2014, 22.380 million persons were employed, 0.1 percent more than in July, as 32,000 new jobs were created. 

Italy Unemployment Falls to 12.3%


Istat | Joana Taborda | joana.taborda@tradingeconomics.com
9/30/2014 10:36:04 AM