Italy's jobless rate falls to 6.8% in the second quarter
Italy's unemployment rate fell to 6.8% in the second quarter of 2024, its lowest since Q3 2008, down from 7.2% in the previous quarter. The employment rate increased slightly to 62.2%.
- Europe
- DPA
- Published Date: 12:42 | 12 September 2024
- Modified Date: 12:46 | 12 September 2024
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.
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