Italy's unemployment rate reached the highest level since 1977

Market news

7 January 2015

Italy's unemployment rate reached the highest level since 1977

The Italian National Institute of Statistics (ISTAT) released labour market data on Wednesday. Italy's unemployment rate increased to 13.4% in November from 13.2% in October. That was the highest level since 1977.

The jobless rate among people between the age of 15 and 24 reached 43.9% in November.

Italian Prime Minister Matteo Renzi is pushing through reforms to help the labour market in Italy.

Dow 17,537.56 +165.92 +0.96%, Nasdaq 4,637.85 +45.11 +0.98%, S&P 500 2,021.36 +18.75 +0.94%

Germany's adjusted unemployment hits the lowest level since German reunification in 1990

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.