The Limited Times

Now you can see non-English news...

Unemployment is expected to rise by the end of the year

2023-04-13T16:54:11.186Z


DECRYPTION - The OFCE forecasts a difficult period for households, marked by a slight drop in purchasing power and the downturn in the job market.


The French economy is slowly recovering from the succession of shocks it has faced in recent years: months of pandemic and restrictions, disorganization of production chains, soaring inflation... After all these extreme events, 2023 and 2024 promises to be years of transition, exposed to many risks: geopolitical tensions, a surge in the energy market, bank failures.

In this fragile context, according to the latest forecasts from the French Economic Observatory (OFCE), inflation will remain high in 2023, while unemployment will start to rise again at the end of the year.

To discover

  • LIVE - Pension reform: follow the 12th day of mobilization

Oscillating between 5.5% and 6.5%, the rise in prices should begin to deflate only from 2024

“to converge towards 3% at the end of next year”

.

The growth of the gross domestic product (GDP) would be modest: 0.8% in 2023 and 1.2% in 2024.

“It would be driven by investment and the restocking of companies

, advances Mathieu Plane, director…

This article is for subscribers only.

You have 74% left to discover.

Want to read more?

Unlock all items immediately.

TEST FOR €0.99

Already subscribed?

Login

Source: lefigaro

All news articles on 2023-04-13

You may like

News/Politics 2024-04-11T20:30:51.504Z

Trends 24h

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.