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French unemployment rate hits 37-year low as lockdown skews data

Published 08/13/2020, 05:07 AM
Updated 08/13/2020, 05:10 AM
© Reuters. A National Agency for Employment (Pole Emploi) office in Antibes

PARIS (Reuters) - French unemployment fell to a 37-year low in the second quarter, as the continuation of a multi-year downtrend was exaggerated by a strict coronavirus lockdown that meant people were unable to look for work, INSEE statistics agency data showed on Thursday.

The jobless rate fell to 7.1%, from 7.8% in the first quarter, hitting its lowest level since the second quarter of 1983, when it stood at 7.0%.

INSEE warned that unemployment data for the first two quarters of 2020 was skewed because of the mid-March to mid-May lockdown, which reduced the number of those classified as unemployed by making it impossible for them to look for jobs.

© Reuters. A National Agency for Employment (Pole Emploi) office in Antibes

The International Labour Organisation defines being unemployed as not working but being available to work and actively seeking a job - which was virtually impossible in many industries during lockdown.

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