Italy's unemployment rate declined further in the second quarter of 2024, data published by the statistical office Istat showed on Thursday.
The seasonally adjusted jobless rate dropped to 6.8% in the second quarter from 7.2% in the previous quarter. The expected rate was 7.1%.
Further, this was the lowest rate since the third quarter of 2008. In the corresponding period last year, the unemployment rate was 8.1%.
Meanwhile, the inactivity rate in the 15-64 age range remained stable at 33.1%. Data also showed that the employment rate stood at 62.2% versus 62.0% in the previous quarter.
