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01.12.2015 14:28 Italy’s unemployment rate decreases to 11.5% in October, the lowest level since December 2012

The Italian statistical office Istat released its unemployment data on Tuesday. The seasonally adjusted unemployment rate decreased to 11.5% in October from 11.6 in September. It was the lowest level since December 2012.


September's figure was revised down from 11.8%.


The number of unemployed people was 2.927 million in October, down by 0.5% from the month before.


The youth unemployment rate rose to 39.8% in October from 39.4% in September.


The employment rate decreased to 56.3% in October from 56.4% in September.

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