Major EU economy sees jump in unemployment ...News

Russia Today - Economy
Major EU economy sees jump in unemployment
source : Russia Today ( News ) () 29
The number of jobless claims in Italy increased for the first time in six months in July, Istat reports Unemployment in Italy grew unexpectedly to reach 7.6% in July after six consecutive months of decline, preliminary official data showed on Thursday.  Some 73,000 jobs were lost during the month, Istat reported, noting that the unemployment rate grew for the first time since February.  Economists polled by Reuters had expected the unemployment rate to drop to 7.4%. In the corresponding month last year, the rate was 8%. Compared to July 2022, the number of employed in the Eurozone’s third largest economy was 1.6%

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