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Italian unemployment plunges to 8.4% in March due to Covid-19 inactivity

Thursday 30 April 2020 | 11:39 CET | News
Italy's unemployment rate fell sharply to 8.4 percent in March, down 0.9 percent compared to the previous month's downwardly revised rate of 9.3 percent, according to the latest preliminary data from Istat. The statistics agency said the result reflected the fact 267,000 people stopped actively looking for work due to the coronavirus pandemic in March, the first month of data to truly reflect the impact of the health crisis.

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