Unemployment down to 11.9% in 2015, first drop in seven years

Italy's average unemployment rate in 2015 was 11.9%, down from 12.7% in 2014, Istat said on Thursday. The national statistics agency said it was the first drop after seven years. Italy's average unemployment rate for 15-to-24-year-olds who are on the labour market was 40.3% in 2015, down 2.4 percentage points on the previous year, Istat said. It said it was the first time the youth unemployment rate for the year had fallen since 2007.
   

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