Italy Unemployment Rises to 12-Year High as Slump Worsens - Bloomberg
Italys unemployment rate rose more than economists forecast in March to the highest since 2000 as companies failed to hire amid signs of a deepening recession in the euro regions third-largest economy. Unemployment will keep soaring sharply as the conditions that caused it will remain, Confindustria said last month. There will be more job cuts and an increase in people looking for employment amid a decline in real income.
More bad times for Italy.....
Italys unemployment rate rose more than economists forecast in March to the highest since 2000 as companies failed to hire amid signs of a deepening recession in the euro regions third-largest economy. Unemployment will keep soaring sharply as the conditions that caused it will remain, Confindustria said last month. There will be more job cuts and an increase in people looking for employment amid a decline in real income.
More bad times for Italy.....
