Italy's unemployment rate was
steady in August at 11.4% with 2.9 million people looking for
woirk, Istat said Friday. The employment rate was also steady at
57.3% and the rate of inactivity steady at 35.2%, the statistics
agency said. Italy's youth unemployment rate fell 0.4% to 38.8%
between July and August, Istat said. The employment rate among
15-to-24-year-olds was steady at 16.0%, the statistics agency
said. Italy's employment rate was 0.1% up in August after
falling 0.3% in July, Istat said. In year-on-year terms
employment was 0.7% up, or 162,000. The monthly rise for those
on steady contracts was 0.3% (45,000) and 1.7% on an annual
basis (253,000).
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