Recovery is long overdue Economic Outlook - March 2024

 

Conjoncture in France
Paru le :Paru le29/03/2024
Conjoncture in France- March 2024
Consulter

Unemployment

In Q4 2023, the unemployment rate according to the ILO definition stabilised compared to the previous quarter, at 7.5% of the labour force. This rate was 0.4 points above its level at the end of 2022, which had been the lowest since 1982, but remains well below its mid-2015 peak (-3.0 points). The gradual rise in unemployment since the end of 2022 is the result of a slowdown in employment (217,000 net jobs created in 2023 after +501,000 in 2022), while the labour force has remained dynamic (358,000 additional workers in 2023 after +428,000 in 2022). Thus in Q4 2023, the activity rate for 15-64-year-olds reached its highest level since INSEE has been measuring it (1975) at 74.1%. Meanwhile, the share of the halo of unemployment around the 15-64-year-old population stabilised between the end of 2022 and the end of 2023, at a slightly lower level (-0.2 points) than before the health crisis...

Conjoncture in France

Paru le :19/03/2024