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Investing.com -- Italy’s unemployment rate fell to 6.3% in June from 6.5% in May, according to data released Thursday by the national statistics bureau ISTAT.
The country added a net 16,000 jobs during the month, contributing to the decline in the overall jobless rate.
The June figure came in below analyst expectations, as a Reuters survey of eight analysts had forecast a jobless rate of 6.4% for the month.
Youth unemployment, which measures job-seekers between 15 and 24 years old, also showed improvement, decreasing to 20.1% in June from 21.5% in May.
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