France reports drop of 0.6 points in unemployment rate in Q4 2021-Xinhua

France reports drop of 0.6 points in unemployment rate in Q4 2021

Source: Xinhua

Editor: huaxia

2022-02-18 20:01:00

PARIS, Feb. 18 (Xinhua) -- The number of unemployed people in France (with the exception of Mayotte) decreased by 0.6 points, or 189,000 people, to 2.2 million in the fourth quarter of 2021, the French National Institute of Statistics and Economic Studies (INSEE) on Friday.

The unemployment people represented 7.4 percent of the active population in the fourth quarter (Q4) of 2021, the INSEE precised.

Compared to the previous four quarters, the INSEE added a stable unemployment rate between 8.1 percent and 8.0 percent.

"It was below its pre-crisis level (at the end of 2019) by 0.8 points, and stood at its lowest level since 2008," the INSEE stated.

The full-time employment rate was at 56.3 percent during the fourth quarter of 2021.