Italy's unemployment rate decreased further in July to the lowest level in just over eighteen years, data published by the statistical office Istat showed on Monday.
The seasonally adjusted jobless rate dropped to 6.0 percent in July from a downwardly revised 6.2 percent in June. Economists had expected the rate to remain stable at 6.0 percent. Further, a similar rate was last seen in June 2007.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.