Unemployment in Italy jumped more than expectations

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
Italian unemployment shows signs of worsening, as the joblessness rate in the country added 0.1% to 12.2% in August, while the July rate was revised up to 12.1% from 12%. Economists, however, did not forecast any changes. Alongside, youth unemployment reached 40.1% from 39.7% a month earlier. The government of Italy expects the unemployment to hit 12.4% by the next year.
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