france flag on gray concrete building near road

France’s Official Unemployment Rate Falls to Lowest Level in 13 Years

According to the French statistics office (INSEE), the unemployment rate in France fell to its lowest level since 2008 in 4/21, standing at 7.4%, compared with 8.0% in the previous quarter.

Unemployment rates are the lowest since the third quarter of 2008, with the exception of the first days of the COVID-19 pandemic, when people were unable to find work during the nationwide lockdown.

In 2021, the French economy grew by 7%, the fastest pace in 50 years, which helped support the domestic labor market.

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