Unemployment slightly declining in December of the 2014. According to the data provided by theIstat il unemployment rate dropped to 12,9% in December, recording a drop of 0,4% compared to the month of November. The drop that occurred in December is the first sign of a contraction in unemployment after a period of growth that continued in the second half of the year. On an annual basis, the unemployment rate rose by 3 decimal places, going from 12,6% to the current 12,9%.
The figure relating to youth unemployment remains well above 40%, which recorded a small decrease in December compared to the previous month. In fact, Istat notes that the youth unemployment rate it was down from 43% in November to 42% in December. However, Istat underlines an increase in youth unemployment of 0,1% compared to December 2013.
The number of unemployed in Italy remains well above 3 million. Istat shows that the number of inactive people between the ages of 15 and 64 increased by 0,2% in December compared to the previous month. The inactivity rate, equal to 35,8%, increased by 0,1 percentage points in quarterly terms and decreased by 0,6 points on an annual basis.
