The Italian National Institute of Statistics (Istat) released on Thursday the latest data on labour market in Italy, which refer to the past month of September. According to a statement from Istat, "in September 2016, 22.836 million persons were employed, +0.2% compared with August. Unemployed were 3.016 million, +2.0% over the previous month". The statement also said that "employment rate was 57.5%, +0.1 percentage points over August, unemployment rate was 11.7%, +0.2 percentage points in a month and inactivity rate was 34.8%, -0.3 percentage points over the previous month".
"Youth unemployment rate (aged 15-24) was 37.1%, -1.2 percentage points over August and youth unemployment ratio in the same age group was 9.8%, -0.3 percentage points in a month", Istat then noted. "In order to improve the timeliness of statistical information on the Italian labour market and in accordance with the agreements made within the European Union, Istat publishes monthly estimates of the main labour market indicators resulting from the 'Labour force survey'", the statement also pointed out.