• Italy’s unemployment rate climbs to 11.7% in April

Market news

31 May 2016

Italy’s unemployment rate climbs to 11.7% in April

The Italian statistical office Istat released its unemployment data on Tuesday. The seasonally adjusted unemployment rate increased to 11.7% in April from 11.5% in March. March's figure was revised up from 11.5%.

The number of unemployed people was 2.986 million in April, up 1.7% from the month before.

The youth unemployment rate increased to 36.9 in April from 36.7 in March.

The employment rate rose to 56.9 in April from 56.7% in March.

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