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French unemployment rate hits 37-year low in Q2 2020 as lockdown bites

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

unemployment, jobs
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This was the highest level since INSEE started measuring this statistic in 2003 and the main reason for the fall of the Q2 unemployment rate.

Reuters Paris
French unemployment fell to a 37-year low in the second quarter, as a multi-year downtrend was exaggerated by a coronavirus lockdown that meant people couldn't look for work, data from statistics agency INSEE showed on Thursday.

The jobless rate fell to 7.1%, from 7.8% in the first quarter, dropping to its lowest 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

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