THE QUESTION.
The Covid epidemic has, as everyone knows, a devastating impact on economic activity, which has suffered an unprecedented recession since the beginnings of the first industrial revolution two centuries ago.
But this shock of incredible brutality could also tend to deregulate the measuring instruments themselves.
Thus, INSEE, the national institute for statistics and economic studies, has just a few days apart to announce that the GDP, the gross domestic product, rebounded by 18.2% in the third quarter, erasing in based on the declines of the two previous quarters (-5.9% and -13.7%), and that the unemployment rate had increased by 1.9% during this same third quarter to reach 9% of the working population.
A historically record increase representing 628,000 people.
Read also: Does each life saved thanks to confinement have a cost of 6 million euros for the community?
The contradiction between activity and employment indicators is all the more disturbing as it had previously played in the other direction: the collapse of GDP in the second
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