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Retailers' 'misery index' up

Real unemployment 16.8% says Confcommercio

07 March, 11:33
Retailers' 'misery index' up (ANSA) - Rome, March 7 - The 'misery index' of retailers' association Confcomercio rose 0.3 points in January amid rising unemployment and deepening social malaise.

Confcommercio said its 'extended unemployment rate" was 16.8% including the laid-off and people who had given up seeking work, compared to official January jobless rates of 12.9% among the general population and 42.4% among 18-to-24-year-olds.

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