Italy Q2 unemployment rate 11.2% vs 11.3% exp
Italy Q2 unemployment rate data now out 12 Sept
- 11.6% prev
The Italian Quarterly Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous quarter.
Any improvement in unemployment always welcome. Just be aware of disguised employment, as we see in the UK, muddying the picture.
EURUSD steady at 1.1973 as is EURGBP at 0.9067 as we wait on UK inflation data at the bottom of the hour.