Data from the National Institute of Statistics and Economic Studies in France showed that unemployment in the country fell to its lowest level in 37 years during Q2, as a downward trend that continued for several years was exacerbated by the general isolation measures imposed to confront the Coronavirus, which made people unable to look for work.<\/p>\n\n\n\n
The unemployment rate fell to 7.1% from 7.8% in Q1, dropping to the lowest level Q2 of 1983 when it reached 7%.<\/p>\n\n\n\n
The institute warned that the data for Q1 and Q2 of 2020 were affected by the general isolation measures between mid-March to mid-May, which reduced the number of those who are classified as unemployed as it made it impossible to look for work.<\/p>\n\n\n\n
The International Labor Organization defines an unemployed person as a person who is not working but is ready to work and is looking for a job, which was virtually impossible in most sectors during the general isolation.<\/p>\n\n\n\n
\u201cThe sharp drop in unemployment in the Q2 of 2020 is not the result of an improving labour market but is an effect of the lockdown,\u201d INSEE said.<\/p>\n\n\n\n
This is the highest level since the institute began measuring this statistic in 2003 and the main reason for the decline in the unemployment rate in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"
Data from the National Institute of Statistics and Economic Studies in France showed that unemployment in the country fell to its lowest level in 37 years during Q2, as a downward trend that continued for several years was exacerbated by the general isolation measures imposed to confront the Coronavirus, which made people unable to look …<\/p>\n","protected":false},"author":9,"featured_media":31800,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[4707,36],"tags":[6920,7021,7118,6887],"class_list":["post-32668","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-breaking-news","category-market-updates","tag-france","tag-french","tag-rate","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32668"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32668\/revisions"}],"predecessor-version":[{"id":32669,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32668\/revisions\/32669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31800"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}