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This article was published September 30, 2015 at 10:09.
The last change is the 30 September 2015 at 11:51.
In August 2015, the unemployment rate is 11.9%, down for the second month consecutive to the lowest since February 2013. This was communicated by Istat. The decline was 0.1 percentage points from the previous month and by 0.7 points compared to August 2014. In the twelve months unemployment decreases of 5.0%, corresponding to 162 thousand fewer people looking for work.
+ 325mila places on year, Renzi is effect Jobs Act
After growth in June (+ 0.1%) and July (+ 0.3%), in August, the estimate of the employed still grew by 0.3%, an increase of 69 thousand units. This growth, says Istat, is determined by the increase in workers employed (+70 thousand), mainly in term (+45 thousand). The employment rate increased by 0.2 percentage points, reaching 56.5%. On-year employment grew by 1.5% (325 000 persons employed) and the employment rate by 0.9 points. “Istat. In a year 325mila jobs. Effect #Jobsact #italiariparte #lavoltabuona. ” This tweet of the Prime Minister, Matteo Renzi, published soon after the announcement of the recovery of the data on unemployment in August. Facebook, then, always Renzi adds that ‘Istat certifies that the Jobs Act works. In one year we have recovered 325mila jobs, in August of August. Unemployment was almost 14% at the beginning of the government, is now under 12%. The reforms bear fruit, Italy again. Full speed ahead, now. There is still much to do and we can do it together, with the confidence of knowing that we belong to a great country, strong and proud. Viva Italy, “he concluded the Prime Minister.
In August, youth unemployment rose to 40.7%
The unemployment rate of the aged 15-24, that is, the proportion of young people unemployed on the total of active ones (employed and unemployed) is 40.7%, up 0.3 percentage points from the previous month. Istat stresses that the calculation of the unemployment rate are excluded young people inactive, that is, those who are not employed and not looking for work, in most cases because they were engaged in their studies. In trend terms, compared to August 2014, the employment rate of young people aged 15-24 falls by 0.1 percentage points, also down the unemployment rate (-2.3 points), compared with a growth rate of inactivity 1.2 points. With reference to the average of the last three months, for young people aged 15-24 is observed the decline in the unemployment rate (-0.6 percentage points), compared with a slight increase in both the occupancy rate (+0.1 points) is the inactivity rate (+0.1 points).
Eurozone unemployment stable at 11%
It remained rather stable in August, the unemployment rate in Europe, according to data released today by Eurostat, the Eurozone amounted to 11% while in the EU-28 is 9.5%, in both cases, as in the previous month. A year ago, in August 2014, the unemployed were respectively 11.5% and to 10.1 percent. To be without work last month were 23,022,000 of Europe, of which 17.6 million in the eurozone: from a year earlier, are less 1.490000000, of which 892mila Eurozone.
S & amp; P ups outlook on Italian GDP
Good news, even if we are in the field of the estimates, even for the Italian GDP. Standard and Poor’s has in fact raised their growth forecasts for the Italian economy. The agency now expects an increase in GDP of 0.7% in 2015 and 1.2% in 2015 against projections of June of + 0.5% and + 1% respectively. For 2017, the estimate remains of +1.2 percent. The new forecasts are contained in a report on the euro area slightly revising down estimates for France for 2015 (+ 1.1% from + 1.3%) for the weak performance in the second quarter. In line with the weakening of exports it has also revised down the forecast for Germany: + 1.7% + 2% this year and next compared to + 2% and + 2.2% respectively in June. The brilliant performance of the economy of Spain has instead led to revise upwards its estimates of GDP to 3.2% this year from 3 percent.
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