Martedì, 16 Ottobre 2018

Italian unemployment reaches new high of 11.2%


Rome, February 1 - Unemployment in recession-hit
Italy reached a new high of 11.2% in December, Istat said on
The figure is 0.1% higher than in November and 1.8% up on
the same month in 2011.
The national statistics agency said it was the highest
level since it started producing monthly unemployment figures in
January 2004.
The last time unemployment was recorded as being higher was
in the first quarter of 1999, Istat said.
It added that 22.723 million people were employed in Italy
in December, down 104,000 (0.5%) on November, and 278,000 (1.2%)
on the same month in 2011.
Well over a third of very young people are out of work,
with the unemployment rate for 15-to-24-year-olds standing at
That is 0.2% lower than in November but 4.9% higher than in
December 2011.
Istat said 606,000 people in this age range were actively
looking for work.

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