2023-08-14 06:29:38
After a spectacular post-Covid decline, the unemployment rate is set to stagnate for some time at its current level, 7.2% of the active population, as it emerged in the second quarter, according to figures published this Friday by the ‘Insee. In question, the economic slowdown and, with it, that of employment. Some, like ING Bank, even see it rising to 7.5% next year. What to call into question Emmanuel Macron’s objective of achieving full employment by 2027, i.e. around two points less?
It’s too early to know, apart from a major economic downturn of course. To trigger the decline once more, the dynamics of employment – that is to say the increase in the number of people working – will have to exceed that of the active population, that is to say the number of people in employment or unemployment. These are the two key parameters of the equation, each of which depends on many factors. Their anticipation is almost biased, to the point of dividing specialists into two schools.
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