ROME (Reuters) -Italy’s unemployment rate fell to 6.0% in July from a downwardly revised 6.2% in June, national statistics bureau ISTAT reported on Monday, as a net 13,000 jobs were created during the month.<\/p>\n
A Reuters survey of analysts had forecast a July jobless rate of 6.3%, which was the previously reported figure for June.<\/p>\n
The youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 18.7% from 20.1%.<\/p>\n
In the period between May and July, employment in the euro zone’s third-largest economy was up by 51,000, or 0.2%, compared with the previous three months, ISTAT said.<\/p>\n
In July, there were 218,000 more people in work than in the same month last year, an increase equal to 0.9%.<\/p>\n
Italy’s long-running increase in employment has come against a backdrop of weak economic growth and stagnant wages.<\/p>\n
Italian gross domestic product shrank by 0.1% in the second quarter from the previous three months, ISTAT reported last week.<\/p>\n
The economy grew by just 0.7% in each of the last two years, and the government forecasts 0.6% growth this year.<\/p>\n
In July, the employment rate, one of the lowest in the euro zone, edged up to 62.8% from 62.7%, but the so-called “inactivity rate”, measuring those neither working nor looking for work, rose to 33.2% from a previous 33.0%.<\/p>\n
(Reporting By Gavin Jones, graphic by Stefano Bernabei)<\/p>\n","protected":false},"excerpt":{"rendered":"ROME (Reuters) -Italy’s unemployment rate fell to 6.0% in July from a downwardly revised 6.2% in June, national…\n","protected":false},"author":2,"featured_media":390061,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3092],"tags":[51,28810,135140,897,16,16919,15,105041],"class_list":{"0":"post-390060","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-employment-rate","10":"tag-istat","11":"tag-jobs","12":"tag-uk","13":"tag-unemployment-rate","14":"tag-united-kingdom","15":"tag-youth-unemployment"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115130837489572114","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/390060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=390060"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/390060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/390061"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=390060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=390060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=390060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}