PressTV
Tue Jul 31, 2012 10:39AM GMT
Newly-released figures show that the unemployment rate in recession-bound Italy has hit a new record high of 10.8 percent in June, the highest in almost 13 years.
A man looks for job opportunities on newspapers in a downtown Naples shop on May 3, 2012.
The rate, up from 10.6 percent in May, was released by Italy’s National Institute for Statistics (Istat) on Tuesday.
The figure is reportedly the highest since the third quarter of 1999 as the EU member state continues to struggle through a persisting recession.
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