Italy's unemployment rate dropped to
11.5% in February, 0.3 of a percentage point down on January and
0.2 of a point lower than in the same month in 2016, according
to preliminary data released by ISTAT on Monday.
The national statistics agency said the number of people
considered inactive because they are not actively on the labour
market increased by 51,000, 0.1 of a percentage point, but was
380,000 down, 0.8 of a point, with respect to February 2016.
It said the number of unemployed fell below the three-million
mark to 2,984,000 in February, down 83,000 on January and 18,000
on February 2016.
Italy's unemployment rate for 15-to-24-year-olds who are
actively on the labour market fell to 35.2% in February, down
1.7 percentage points on January and 3.6 points with respect to
February 2016, ISTAT said.
The agency stressed that this figure does not consider those
are not on the labour market, such as young people who are
studying or not actively looking for work.
It said the employment rate for under-25s was 16.4% of the
total, steady with respect to January and 0.3 of a percentage
point higher than in February 2016.
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