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Italian jobless rate lowest for almost 6 years

News & Data JIACC

Italy’s jobless rate rate fell in May to its lowest in almost six years as some 114,000 jobs were created from the month before, national statistics bureau ISTAT reported on Monday

Source: Nasdaq – May’s jobless rate of 10.7 percent was well below the median forecast of 11.1 percent in a Reuters survey of analysts and was the lowest reading since August 2012. ISTAT also revised down April’s rate to 11.0 percent from 11.2 percent. In the three months to May, 212,000 jobs were created compared with the December-to February period, Italian national statistic agency said

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