Finance
Italy July jobless rate falls to 6.0%, with 13,000 jobs created
Published by Global Banking and Finance Review
Posted on September 1, 2025
2 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 1, 2025
2 min readLast updated: January 22, 2026
Italy's unemployment rate fell to 6.0% in July, with 13,000 new jobs created. Youth unemployment also decreased, despite weak economic growth.
ROME (Reuters) -Italy's unemployment rate fell to 6.0% in July from a downwardly revised 6.2% in June, national statistics bureau ISTAT reported on Monday, as a net 13,000 jobs were created during the month.
A Reuters survey of analysts had forecast a July jobless rate of 6.3%, which was the previously reported figure for June.
The youth unemployment rate, measuring job-seekers between 15 and 24 years old, decreased to 18.7% from 20.1%.
In the period between May and July, employment in the euro zone's third-largest economy was up by 51,000, or 0.2%, compared with the previous three months, ISTAT said.
In July, there were 218,000 more people in work than in the same month last year, an increase equal to 0.9%.
Italy's long-running increase in employment has come against a backdrop of weak economic growth and stagnant wages.
Italian gross domestic product shrank by 0.1% in the second quarter from the previous three months, ISTAT reported last week.
The economy grew by just 0.7% in each of the last two years, and the government forecasts 0.6% growth this year.
In July, the employment rate, one of the lowest in the euro zone, edged up to 62.8% from 62.7%, but the so-called "inactivity rate", measuring those neither working nor looking for work, rose to 33.2% from a previous 33.0%.
(Reporting By Gavin Jones, graphic by Stefano Bernabei)
Youth unemployment refers to the unemployment rate among individuals aged 15 to 24. It highlights the challenges faced by younger job seekers in the labor market.
Economic growth is an increase in the production of goods and services in an economy over a period, typically measured by the rise in Gross Domestic Product (GDP).
The employment rate is the proportion of the working-age population that is currently employed. It reflects the ability of an economy to create jobs.
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