Unemployment: towards an inversion of the curve

Unemployment: towards an inversion of the curve

Unemployment continues to fall in France, in particular thanks to growth. The explanations of David Boéri, on the set of France 3.

Unemployment: towards an inversion of the curve

Unemployment is falling, but is the inversion of the curve really looming? “Yes, with three years behind the forecasts of François Hollande”, explains David Boéri, on the set of France 3, who adds: “The unemployment rate should finally drop by the end of the year, it would drop from 9.9% to 9.5% of the working population in mainland France”.

More than 200,000 jobs created in 2016

This is a first since 2012, this decrease is directly linked to job creation. According to INSEE, it is accelerating and the French economy should create 210,000 this year, against 80,000 last year. “Enough to reduce unemployment, because these creations greatly exceed the increase in the working population”, continues the journalist. Where does this improvement come from? “From a rebound in growth. After 1.2% in 2015, it should drop to 1.6% in 2016: stronger growth, but also richer in jobs, because aid to companies ends up producing their effects and investment picks up again ”, concludes the journalist. The only downside: the trade deficit which should continue to widen.