Italy Unemployment Rate Remains Stable at Five Point Six Percent Despite Monthly Job Losses
Italy’s jobless rate held at 5.6 percent in December despite 20,000 jobs being lost. The mixed results come amid weak economic growth and stagnant wages.
ISTAT reported that the unemployment rate in Italy 
ITwas 5.6% in December. This headline figure was stable relative to the previous month but occurred alongside a net loss of 20,000 jobs in Italyduring December. The results outperformed expectations, as a Reuters poll of eight analysts had forecast a December jobless rate of 5.8%. ISTAT also announced that the unemployment rate in November was revised down to 5.6% from an originally reported 5.7%.
ITwas 5.6% in December. This headline figure was stable relative to the previous month but occurred alongside a net loss of 20,000 jobs in Italyduring December. The results outperformed expectations, as a Reuters poll of eight analysts had forecast a December jobless rate of 5.8%. ISTAT also announced that the unemployment rate in November was revised down to 5.6% from an originally reported 5.7%.
