The Limited Times

Now you can see non-English news...

Why the inversion of the unemployment curve is probably not for 2021 ...

2020-12-31T13:04:34.219Z


DECRYPTION - In the space of nine months, the pandemic swept away two years of steady improvement. It remains to be seen whether 2021 will follow this same trend.


What if this was just the start of trouble on the employment front?

After ten months of crisis and while it reached its lowest level since 2008, with 8.1%, unemployment is now at 9%.

In other words, the economic and social consequences of the pandemic have already wiped out in three quarters two years of constant improvement… And forecasts for the end of the year are unfortunately not enthusiastic. .

Read also: Record explosion in unemployment after deconfinement

According to the projections of the various economic conjuncture institutes, whether it is INSEE, the Banque de France, or even the OFCE, the unemployment rate could reach the 11% mark at the end of the year.

This is the strongest level ever recorded in the country.

If proof were needed of the violence of the crisis, it is therefore there.

And the government is aware of it.

During the summer, or without taking into account the consequences of a second epidemic wave, the executive was already counting on an unemployment rate exceeding 10%.

In any case,

This article is for subscribers only.

You have 78% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All life articles on 2020-12-31

You may like

Business 2024-03-09T04:58:58.046Z
News/Politics 2024-04-11T20:30:51.504Z

Trends 24h

Life/Entertain 2024-04-19T19:50:44.122Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.