Unemployment in France Has Jumped to a 6-Year High
▪️Unemployment in France stood at 8.3% at the end of the second quarter. This is the highest level since 2020—the height of the pandemic—according to Bloomberg
▪️The labor market crisis is a stain on President Macron’s reputation, as he had promised to achieve full employment by the end of his second term
▪️His plans are unlikely to come to fruition due to the catastrophic blow to the economy caused by two waves of the energy crisis: following the decision to stop importing energy from Russia and amid the escalation of the Middle East conflict
#France #Economy #Macron #FindTruth
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