Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Italy's unemployment increases in May: ISTAT

July 04, 2017


Abstract : The unemployment level in Italy increased in May, latest data from the National Institute of Statistics (ISTAT) showed on Monday.

意大利-欧盟

 

ROME, July 3 (Xinhua) -- The unemployment level in Italy increased in May, latest data from the National Institute of Statistics (ISTAT) showed on Monday.

The overall jobless rate reached 11.3 percent, with a 0.2 percent rise over the previous month, ISTAT said. Such growth was almost entirely registered among male workers, while the female unemployment rate remained stable, it added.

In terms of numbers, the agency stated more than 2.9 million people were jobless in May, with a 1.5 percent increase over April. The rise was highest among young people with 37 percent unemployed among the age group of 15 to 24, up 1.8 percent over April.

The employment rate was 57.7 percent in May, down 0.1 percentage points on a monthly basis, while the inactivity rate remained unchanged at 34.8 percent.

Quarterly and yearly data showed a more positive trend, however.

"Despite the decline registered in the last month (May), employment in the period March-May rose compared to the previous three months," ISTAT said on Monday.

The quarterly rise was due to a growth in the number of both open-ended contracts and fixed-term contracts. It involved both male and female workers, and was distributed among all age groups between 35 and 49 years.

The number of employed people in May also increased by 0.6 percent, or by 141,000 units, over the same month in 2016, ISTAT added.

Scan the QR code and push it to your mobile phone

Keyword: Italy-economy UNEMPLOYMENT

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial