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2025.09.0108:18:04UTC+00Italian Unemployment Rate Falls to 18-Year Low

In July 2025, Italy's unemployment rate dipped to 6.0% from a revised 6.2% in June, surpassing market expectations set at 6.2%. This marks the lowest unemployment rate since the historic 5.8% recorded in 2007, highlighting a notably robust labor market compared to other key Eurozone economies. The number of unemployed decreased by 4.6% from June, totaling 1.532 million, the lowest since 2007 as well. Correspondingly, the Italian economy saw a 0.1% increase in employment, reaching 24.217 million jobs. Meanwhile, the labor force contracted for the second consecutive month by 0.2%, down to 25.749 million, yet it remains significantly above its long-term average.

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