ROME (Reuters) -Italy's unemployment rate slightly rose to 6.0% in August from a downwardly revised 5.9% in July, national statistics bureau ISTAT reported on Thursday, as a net 57,000 jobs were lost
Italy's Unemployment Rate Rises to 6.0% in August Amid Job Losses
ROME (Reuters) -Italy's unemployment rate slightly rose to 6.0% in August from a downwardly revised 5.9% in July, national statistics bureau ISTAT reported on Thursday, as a net 57,000 jobs were lost during the month.
The number was in line with a Reuters survey of 9 analysts which had forecast an August jobless rate of 6.0%.
The July rate had been originally reported at 6.0%.
In August the youth unemployment rate, measuring job-seekers between 15 and 24 years old, increased to 19.3% from 18.6%.
In the period between June and August, employment in the euro zone's third-largest economy was up by 42,000, or 0.2%, compared with the previous three months, ISTAT said.
ISTAT gave the following data:
AUG JULY JUNE
JOBLESS RATE 6.0 5.9r 6.2
YOUTH UNEMPLOYMENT RATE (15-24) 19.3 18.6r 20.0r
EMPLOYMENT RATE (15-64) 62.6 62.8 62.7
r=revised
(Reporting by Antonella Cinelli, editing by Giulia Segreti)
