Italian Unemployment Rises to 12.6%

In July, Italy's seasonally adjusted jobless rate was recorded at 12.6 percent, up from 12.3 percent in June. It is the highest level since March.
Istat | Nuno Fontes | nuno@tradingeconomics.com 8/29/2014 9:15:51 AM
The number of unemployed was registered at 3.22 million, up by 2.2 percent compared with the previous month. Youth unemployment rate (aged 15-24) was 42.9 percent, 0.8 percentage points lower than June.

The number of employed persons decreased to 22.36 million, down by 0.2 percent on a monthly basis. The employment rate was 55.6 percent, 0.1 percentage points lower compared with June.

The inactivity rate was 36.3 percent, unchanged over June.

Italian Unemployment Rises to 12.6%