Fri, 01 Jun 2012 13:10:11 GMT
Italian Unemployment rate reached its 12-year peak
Based on Istat statistics, the Italian unemployment surged
to 10.2%, the highest in a 12-year period, exceeding all forecasts. The
previous joblessness figures was 9.8% in Q1 2012 and 9.1% in Q4 2011. To ameliorate situation in the labour market, the Senate
located in Rome issued an overhaul encompassing regulations regarding the recruitment
and termination of employees. However, prior to its implementation the reform
should be