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French unemployment falls to pre-crisis levels in fourth-quarter, skewed by lockdown


Unemployment in France fell to pre-pandemic levels in the fourth quarter of 2020, though the data was partially skewed by a six-week COVID-19 lockdown during which jobseekers were unable to register as jobless, the INSEE statistics office said. Unemployment in the euro zone’s second biggest economy fell 1.1 percentage points to 8%, official data showed on Tuesday. That compared with a revised 9.1% in the third quarter and 8.1% in the last three months of 2019.

Reuters - February 16, 2021

View the full story here: https://www.reuters.com/article/us-france-economy-unemployment/french-unemployment-falls-to-pre-crisis-levels-in-fourth-quarter-skewed-by-lockdown-idUSKBN2AG0GF