In July, it reduces participation in the labor market, ie drop employed and unemployed, while increasing the inactive, people who do not work and do not seek it. Istat announced that the inactive between 15 and 64 years increased in a month by 0.4% (+53 thousand), after the fall recorded in the previous four months. Compared to the level of July 2015, however, the inactive are 407,000 less.
Unemployment fell to 11.4% in July, 0.1% percentage points less than in June. The youth unemployment rate – between 15 and 24 years of age – however, rose to 39.2%, two percentage points more than in June. The employment rate recorded in July fell by 0.1% percentage points to 57.3%.
31/08/2016 10:43:46
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