“Bad news always flies in squadrons
,” former President of the Republic Jacques Chirac liked to point out.
The maxim could quickly be applied to Unédic, the organization in charge of unemployment insurance, managed by the social partners.
This Tuesday, February 20, the presentation of its financial results thus revealed a clear deterioration compared to the last forecast, published in June 2023. The surplus for the past year, expected at 3.6 billion euros, is not will ultimately not exceed 1.6 billion.
Worse, this gap between the ambitions of yesterday and today is unlikely to stop widening in the coming years.
The balance of the scheme is now expected to be 1.1 billion euros in 2024 and 3 billion in 2025, compared to 3.8 billion and 6.5 billion euros respectively anticipated until then.
These new estimates are only half a surprise as the French labor market has shown signs of running out of steam in recent months.
The rate…
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