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France reports significant unemployment decrease in 2021

France reports significant unemployment decrease in 2021

France reports significant unemployment decrease in 2021

Paris, Feb 18 (Prensa Latina) France closed 2021 with 2,200,000 unemployed, 7.4 percent of its active population, one of the lowest figures of the last two decades, an official source published on Friday.
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In its report about the issue, the National Institute of Statistics and Economic Studies (INSEE) stated that the number of unemployed persons dropped to 189,000, accounting for a reduction of 0.6 percent in unemployment.

The jobless rate had remained stable in the previous four quarters, between 8.0 percent or 8.1 percent, in a context marked by the impact of Covid-19.

Economy and Finance Minister Bruno Le Maire described the reduction as a major French victory and attributed it, in statements to RTL, to the government management.

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