Italian Unemployment Rate Unchanged in March

In March, Italy's seasonally adjusted jobless rate was unchanged at 12.7 percent, slightly down from January's all-time high of 12.9 percent. Compared to the same month of the previous year the rate is up by 0.7 percentage points.

The number of unemployed people was registered at 3.25 million, down by 0.2 percent from the previous month but up by 6.4 percent over a year ago.

Youth unemployment rate (aged 15-24) was recorded at 42.7 percent, unchanged from the previous month and up by 3.1 percentage points from a year earlier. 

In March, a total of 22.36 million persons were employed, up by 0.3 percent compared with February. The employment rate rose 0.2 percentage points over a month earlier to 55.6 percent.

The inactivity rate fell slightly to 36.2 percent from 36.4 percent in February.

Italian Unemployment Rate Unchanged in March

Istat | Nuno Fontes |
4/30/2014 9:29:07 AM