Italy’s unemployment rate decreases to 11.3% in November, the lowest level since October 2012

Market news

7 January 2016

Italy’s unemployment rate decreases to 11.3% in November, the lowest level since October 2012

The Italian statistical office Istat released its unemployment data on Thursday. The seasonally adjusted unemployment rate decreased to 11.3% in November from 11.5% in October. It was the lowest level since November 2012.

The number of unemployed people was 2.871 million in November, down by 1.6% from the month before.

The youth unemployment rate fell to 38.1% in November from 39.3% in October.

The employment rate increased to 56.4% in November from 56.3% in October.

U.S.: Continuing Jobless Claims, December 2230 (forecast 2193)

Foreign exchange market. European session: the euro traded higher against the U.S. dollar after the release of the mixed economic data from the Eurozone

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