Italy unemployment rate rises in May
The seasonally adjusted jobless rate rose to 11.3% in May from 11.1% in April. Economists had expected the rate to climb to 11.2%.
In the corresponding month last year, the unemployment rate was 11.6%.
In May, unemployed people totaled 2.93 million, up 1.5% over the previous month.
The youth unemployment rate, which applies to the 15 to 24 age group, increased to 37.0% in May from 35.2% in the preceding month. ■