Italy’s overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.
Unemployment rose to 12.0 percent from an upwardly revised 11.9 percent in March, statistics office ISTAT said. The youth jobless rate increased to 40.5 percent from 40.3 percent the month before.
Both figures were the highest since records began in 1977.
Prime Minister Enrico Letta, who came to power in April after two months of political deadlock, has made tackling unemployment a priority and pushed for it to be a central theme at a European Union Council meeting in June.
via CNBC
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