Arab Today, arab today italys unemployment rate falls to lowest since 2012
Last Updated : GMT 04:50:39
Arab Today, arab today
Arab Today, arab today

Italy's unemployment rate falls to lowest since 2012

Arab Today, arab today

Arab Today, arab today Italy's unemployment rate falls to lowest since 2012

Youth unemployment in Italy
Rome - XINHUA

Unemployment rate in Italy has fallen to its lowest level since the end of 2012, national statistics institute ISTAT said on Friday.

The unemployment rate dropped to 11.4 percent in March, 0.3 percent down on February and 1.1 percent down on March 2015, the statistics institute said.

Youth unemployment also fell to its lowest level since the end of 2012, with the rate for those aged between 15 and 24 dropping to 36.7 percent in March, down 1.5 percent on February and 5.4 percent on March 2015.

ISTAT also added that the number of employed people in Italy rose 90,000 in March compared to February and 263,000 compared to March 2015.

The government of Prime Minister Matteo Renzi has passed a much awaited labor reform named Jobs Act that various experts say was the most important initiative to revive the crisis-hit economy carried out during Renzi's 26-month mandate.

The Jobs Act has given employers more flexibility to hire and fire workers, also dismantling a law that made it very difficult for any company with more than 15 employees to fire workers.

Previously, the Italian labor market had earned criticism for being too rigid, forcing companies to offer workers temporary, thus insecure contracts to avoid having to offer them contracts for life.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italys unemployment rate falls to lowest since 2012 Arab Today, arab today italys unemployment rate falls to lowest since 2012

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italys unemployment rate falls to lowest since 2012 Arab Today, arab today italys unemployment rate falls to lowest since 2012

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday