FX.co ★ Italy Unemployment Rate Falls More than Expected

In June 2025, Italy's unemployment rate dropped to 6.3%, down from the previous month's 11-month peak of 6.5% and slightly underperforming market forecasts of 6.4%. This decline underscores the continued strength of the labor market in the Eurozone's third-largest economy. The number of unemployed individuals decreased by 4.2% month-over-month, totaling 1.621 million, marking the most significant reduction since February. Simultaneously, net employment showed a modest increase of 0.1%, reaching 24.326 million. As a result, the labor force reduced by 0.2% to 25.947 million, corresponding to a labor force participation rate of 67.2%.