ROME, Jan. 7 (Xinhua) -- Italy's unemployment rate fell to a record low of 5.7 percent in November, the lowest level ever recorded since the historical series began in 2004, the national statistics institute ISTAT said on Tuesday.
The overall jobless rate declined by 0.1 percent from October and by 1.8 percent compared to November 2023.
The number of unemployed individuals fell by 24,000 to 1,457,000, which was the lowest since April 2007.
However, the statistical report showed a different trend for younger workers, especially in the short term. Youth unemployment - measuring those aged 15 to 24 - rose to 19.2 percent in November from 17.8 percent in October, but marked a 2.7 percent decrease year-on-year.
In the same month, across the European Union, the average unemployment rate stood at 5.9 percent while the eurozone recorded a rate of 6.3 percent, according to Eurostat.
