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291114 PUDI report

Regular reports on the growing Poverty, Unemployment, Debt and Inequality of the neo-capitalist world

Italy:

“Bad news from Italy... the country’s jobless rate has jumped to a new record high.”

“The Italian jobless rate jumped to 13.2% last month, as its recession continues to wreck havoc in its economy. This is the first time it’s been over 13% since records began in 1977.”

“Statistics body Istat reports that the number of people in employment fell by 0.2% in October, to 22.374m. The unemployment total surged by 2.7%, to 3.410.”

“And young people remained in the firing line -- the youth unemployment rate rose to 43.3%, from 42.5% last month.”


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