ROME: Italy's seasonally adjusted unemployment rate rose slightly in February to 12.7 percent from 12.6 percent the previous month, data showed on Tuesday.
February's figure was marginally above the median forecast of 12.6 percent in a Reuters survey of 11 analysts.
The overall employment rate was 55.7 percent compared with 55.8 percent in January.
Italy has been struggling to emerge from a prolonged recession and unemployment has been rising steadily since early 2011, when it was below 8 percent.
Youth unemployment climbed to 42.6 percent. Unemployment among 15-24 year-olds rose from 41.2 percent in January.
Prime Minister Matteo Renzi has said that creating jobs, especially for young people, is the top priority of his government.
Comments
Comments are closed.