Italy Jobless Rate Falls To 5.0% In May

India, July 2 -- Italy's unemployment rate decreased marginally to a series record low in May, preliminary figures from the statistical office ISTAT showed on Thursday.

The seasonally adjusted jobless rate stood at 5.0 percent, down from April's 5.1 percent. Meanwhile, economists had expected the rate to remain stable at 5.1 percent.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

In the corresponding month last year, the unemployment rate was 6.5 percent.

The number of unemployed people was decreased by 22,000 to 1.278 million in May compared to a month ago.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....