A fall in the number of unemployed “trompe-l'oeil”? The unemployment rate in France fell by 0.7 point in the second quarter, to 7.1%, as in the first quarter. But this good news is, according to INSEE, due to confinement, which has prevented many unemployed people from looking for one.
"The drop in the unemployment rate is the result of a sharp drop in the number of unemployed people actively seeking employment during the confinement period," explains INSEE. It "does not reflect an improvement in the labor market but an effect of confinement of unemployed people which outweighs the effect of increasing the number of unemployed people," adds the Institute.
In the second quarter of 2020, a labor market under the influence of containmenthttps: //t.co/1RcZM7VhnA
- Insee (@InseeFr) August 13, 2020Other unemployment figures are on the increase
This decline is in fact inherent in the very definition of the unemployed within the meaning of the International Labor Office (ILO). This is a person aged 15 or over who meets the following three criteria: is unemployed during the reference week; is available for work in the next two weeks; has been actively looking for work in the past four weeks or has found a job that begins within three months. Already in the first quarter, the unemployment rate had fallen by 0.3 point to 7.8%.
On the other hand, the "halo around unemployment", that is to say the unemployed people who want one but who do not meet the other criteria of the ILO to be considered as unemployed, "has clearly increased during the confinement, mirroring the drop in unemployment. unemployment ”, underlines INSEE. In June, it concerned 4.8% of people aged 15 to 64, or +0.9 point compared to June 2019. In addition, the hourly volume of work fell by 18% over one year in the second quarter.
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