Finally a reason for satisfaction:
“unemployment is at its lowest level for the second time in forty years.
Full employment objective!”
welcomed the Élysée on Twitter to salute the slight drop in the unemployment rate, which fell to 7.2% of the working population in the fourth quarter of 2022. The improvement in the job market, in its two aspects, economic and social, is Emmanuel Macron's great ambition.
The sine qua non of the modernization of the country.
Despite a sluggish economy raising fears of stagflation – this cocktail of reduced growth and persistent inflation – employment is showing resilience, to use a word heard all the time.
Apparently, the indicators are all green, whether job seekers registered with Pôle Emploi or the number of unemployed in the definition of the International Labor Office (ILO).
Read alsoWhy unemployment continues to fall
It is indeed a French specificity to have two measuring instruments, partly synonymous and redundant, but…
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