Economy Minister Pier Carlo Padoan
said Monday "the Jobs Act is giving flattering results and today
the ISTAT data are very encouraging, in particular on the jobs
created in the last three and a half years." He said "this must
be ascribed to growth but also to the strengthening of the
labour market". Italy's unemployment rate dropped
to 11.2% in August, down 0.2 of a percentage point with respect
to July and 0.4 compared to the same month in 2016, statistics
agency ISTAT said on Monday.
The jobless rate for 15-to-24-year-olds who are actively on
the labour market dropped to 35.1% in August, ISTAT said.
This is 0.2 of a percentage point down on July and 2.2 points
lower than August 2016.
The number of people in employment increased by 36,000 in
August with respect to July and by 375,000 compared to the same
month in 2016, according to an ISTAT estimate released on
Monday.
ALL RIGHTS RESERVED © Copyright ANSA