The figure is in: 8.9%. Its lowest level since… 2009!
France suddenly joins the eurozone average, but setbacks are possible in the coming quarters, warns the Institute.
Economic growth flirted with 2% last year, and the private sector is increasing job creation: in 2016, 234,000 jobs were created, followed by 253,000 in 2017.
At some point, these results pay off, and it shows in the unemployment rate.
The unemployment rate fell by 0.7 points in the fourth quarter and by 1.1% over the year to reach 8.9%, reported Insee.
The unemployment rate, measured according to the International Labour Organization definition, an international reference indicator, reached 8.9% of the active population in France (excluding Mayotte) in the fourth quarter of 2017, stated Insee on Thursday.
It decreased by 0.7 points compared to the previous quarter and by 1.1 points over the year.
At this pace, all age groups are concerned, as well as long-term unemployment.
