LOGO
LOGO

Italy's Jobless Rate Drops Unexpectedly In June

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Italy's jobless rate unexpectedly eased in June after stabilizing in May and April, data released by statistical office Istat showed Friday.

The seasonally adjusted rate of unemployment edged down to 8.5% in June from May's revised rate of 8.6%. The decrease was surprising as economists had forecast an increase to 8.8%.

Unemployment rate for women was higher than that of men. But it eased to 9.6% in June from 9.8% in May. The rate for males came down to 7.9% from 8.5%.

Total number of unemployed was 2.12 million in June, while the number of employed totaled 22.9 million. 14.87 million people were inactive in June.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.