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Italy PM defends labour reforms as jobless rate rises

Italy's Prime Minister Matteo Renzi says the country is on the right economic path, despite disappointing employment dataItaly’s Prime Minister Matteo Renzi defended his labour reform programme Friday, playing down gloomy unemployment data and insisting the debt-laden country was on the right path to growth. The jobless rate rose in June to 12.7 percent, up 0.2 percent on a month earlier, the National Institute of Statistics said — a figure grasped by opposition parties as proof that Renzi’s ‘Jobs Act’, launched in March, was failing.

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