People talk to European Employment Services (EURES) consultants at the "Job and Career Advice 2010" fair in Riga November 13, 2010. The registered unemployment rate in the country was 14.3% at the end of October 2010 for the total economically active population, Latvia's State Employment Agency reported to media. REUTERS/Ints Kalnins (LATVIA - Tags: EMPLOYMENT BUSINESS)
People talk to European Employment Services (EURES) consultants at the "Job and Career Advice 2010" fair in Riga November 13, 2010. The registered unemployment rate in the country was 14.3% at the end of October 2010 for the total economically active population, Latvia's State Employment Agency reported to media. REUTERS/Ints Kalnins (LATVIA - Tags: EMPLOYMENT BUSINESS)
Home » News » Business & Economy » Italy March jobless rate falls to 5.2% but 12,000 jobs lost
Business & Economy

Italy March jobless rate falls to 5.2% but 12,000 jobs lost

ROME, April 30 (Reuters) – Italy’s unemployment rate fell to 5.2% in March but a net 12,000 jobs were lost during the month, national statistics bureau ISTAT reported on Thursday.

The jobless rate was slightly below a median forecast of 5.3% in a Reuters poll of eight analysts.

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The unemployment rate in February was revised up to 5.4% from an originally reported 5.3%.

In March, the youth unemployment rate, measuring job-seekers between 15 and 24 years old, rose to 18.1% from 17.6% the previous month.

The decrease of both employed people and job-seekers in March is linked to a rise in the number of so-called “inactive” people, neither working nor looking for work.

This “inactivity rate” edged up in March to 34.1% from 34.0%, ISTAT said.

In the three-month period between January and March, the number of people in work was up by 0.1% compared with the previous quarter.

However, in March there were 30,000 fewer people in work compared to the same month in 2025, a marginal decline of 0.1%.

The employment rate, one of the lowest in the euro zone, stood at 62.4% in March, stable from the month before.

Giorgia Meloni’s government currently has an economic growth target of 0.6% for this year, revised marginally down last week due to surging energy prices and geopolitical tensions, from the 0.7% target set in September.

Italian gross domestic product rose 0.5% in 2025, a third straight year of sub-1% growth.

(Reporting by Antonella Cinelli, graphic by Stefano Bernabei, editing by Gavin Jones)

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