Friday, August 19, 2016

Unemployment: INSEE sees the curve reversed – The World

A Gravelines (Nord)  on 30 March.

These are figures that are timely for Francois Hollande. He who had conditioned his candidacy for re-election in 2017 to a reversal of the unemployment curve, is about to fulfill his promise within one year of maturity. Thursday, August 18, INSEE has indeed published more than encouraging figures on the unemployment rate in France: according to the National Statistics Institute, in the second quarter, this figure was 9.6% of the population active in France and 9.9% in the whole of France. A decline of 0.3% in three months. The number of unemployed thus reached, according to Insee, 2.8 million people, or 74 000 fewer than in the first quarter.

“There is, notes Anne-Juliette Bessonne economist at INSEE , a downward trend in the unemployment rate since the third quarter 2015. “ Better, in one year, celui- it fell 0.5% to levels not seen since the fourth quarter of 2012 (when the unemployment rate was 9.7%).

Although significantly different, these figures are in line with those published by Pôle emploi: although the figures has published the institution last two months are up, but given over one year, the number of job seekers decreased by 27,000, according his numbers. Against 133,000 for INSEE.

Embellished

“The …

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