03-July-2026
Economy News
 
Italy Jobless Rate at Record Low of 5% in May, but 22,000 Jobs Lost
03-Jul-2026

taly's unemployment rate fell slightly to 5.0% in May but a net 22,000 jobs were lost during the month, with the fall in the jobless rate due to people no longer looking for work, national statistics bureau ISTAT reported on Thursday.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-02/italy-may-jobless-rate-edges-down-to-5-but-22-000-jobs-lost