The Limited Times

Now you can see non-English news...

Full employment, a goal as vague as it is ambitious

2022-05-17T16:26:36.374Z

The labor market is considered to be at full employment when the unemployment rate fluctuates between 4 and 5%.



After having seen the unemployment rate in France fall by more than 2 points during his first five-year term, Emmanuel Macron now sets himself the ambition of flirting with full employment by 2027.

An ambitious goal that remains vague as this concept is debated.

If this concept appears in a recurring way in the public debate, nobody can really say where it is located on the scale of unemployment.

And this, for a simple reason: it is the result of a particular state of the labor market and not of the crossing of a well-established threshold.

At Matignon, last March, we also admitted that it was complicated to translate this desire into an exact figure.

To discover

  • Taxes 2022: all about your tax return

Read also

Is France condemned to mass unemployment?

In concrete terms, we can speak of full employment

as soon as cyclical unemployment - linked to economic hazards - and structural unemployment - which represents the mismatch between the qualifications of individuals and jobs - are completely dissipated.

A situation that does not imply the total disappearance...

This article is for subscribers only.

You have 66% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All life articles on 2022-05-17

You may like

Life/Entertain 2022-05-17T16:26:36.374Z

Trends 24h

Life/Entertain 2022-06-25T16:19:16.817Z
Life/Entertain 2022-06-25T22:13:04.237Z
Life/Entertain 2022-06-26T05:31:30.482Z
Life/Entertain 2022-06-26T03:55:22.654Z
Life/Entertain 2022-06-25T12:43:01.137Z
Life/Entertain 2022-06-25T19:37:09.557Z

Latest

© Communities 2019 - Privacy