Italy's unemployment rate fell to 7.2% in March, its lowest in 15 years, according to ISTAT.

Italy's unemployment rate fell to 7.2% in March, the lowest in over 15 years, according to the statistical office ISTAT. The jobless rate dropped from 7.4% in February, surprising economists who expected the index to rise to 7.5%. In March 2023, the rate was 7.9%. Additionally, the employment rate increased to 62.1% in March, while youth unemployment decreased to 20.1% from 22.4% a month earlier.

May 03, 2024
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