Newswire

Italian unemployment down to 5.8% in October (2)

Number of people in employment up by 47,000

Redazione Ansa

(ANSA) - ROME, DEC 2 - Italy's unemployment rate in Italy fell to 5.8% in October, down by 0. 2 of a percentage point on the previous month, according to provisional data released by Istat on Monday.
    The national statistics agency added that the jobless rate for under-25s who are active on the labour market dropped too, decreasing by 1.1 points to 17.7%.
    It said that, after falling in September, the number of people in employment in Italy went back up in October, rising by 47,000 to take the working population up to 24.092 million.
    Istat said the number of people hired on permanent contracts and the number of self-employed was up, while temporary workers were down.
    The agency said the number of people in employment was up by 363,000 compared to October 2023.
    It said the employment rate rose to 62.5% in October, up 0.1 of a percentage point.
    The inactivity rate rose by 0.1 of a point to 33.6%. (ANSA).
   

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