Unemployment to rise to 11% next year - ISTAT

Stats agency says GDP set to drop 8.9% in real terms this year

(ANSA) - ROME, DEC 3 - ISTAT said Thursday that it expects Italy's unemployment rate to rise from 9.4% this year to 11% in 2021.
    The national statistics agency said people returning to the labour market after not being actively engaged on it during the COVID-19 emergency will be a factor in the rise in the jobless rate next year.
    It said Italy's GDP will be down 8.9% in real terms this year and will recover partially, by 4%, in 2021.
    "After a strong recovery of production and trade during the summer, new containment measures of contagions, which are recently increasing in many countries, put a drag on international recovery perspectives," ISTAT said. (ANSA).


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