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Unemployment down to 7.4% in June in Italy

1 August 2023 20:35 (UTC+04:00)
Unemployment down to 7.4% in June in Italy

Italy's unemployment rate dropped by 0.2 of a percentage point to 7.4% in June, Istat said on Tuesday, Azernews reports, citing ANSA.

The national statistics agency added that the jobless rate for under-25s who are active in the labor market fell by 0.4 of a point to 21.3%.

Istat said the number of people aged 15 to 64 who are not active in the labor market decreased by 43,000, 0.3%.

It said this took the inactivity rate down by 0.1 of a point to 33.5%.

Istat said that the number of people in employment in Italy increased by 385,000, 1.7%, in June with respect to the same month in 2022.

The agency said that the number of people at work was up by 82,000, 0.3%, compared to May. It said the employment rate was up by 0.2 of a percentage point to 61.5%.

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