Italy Unemployment Falls As Fewer People Entered Job Market

Updated on
  • Consumers, employers becoming pessimistic as economy slows
  • Italian jobless lead EU in abandoning search for work

Italy’s unemployment rate unexpectedly fell in July as fewer people entered the labor market after being classified as “inactive” amid concerns about the outlook for recovery in the euro region’s third-biggest economy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.