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- Italy's unemployment rate reached the highest level since 1977
Italy's unemployment rate reached the highest level since 1977
The Italian National Institute of Statistics (ISTAT) released labour market data on Wednesday. Italy's unemployment rate increased to 13.4% in November from 13.2% in October. That was the highest level since 1977.
The jobless rate among people between the age of 15 and 24 reached 43.9% in November.
Italian Prime Minister Matteo Renzi is pushing through reforms to help the labour market in Italy.
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