The unemployment rate in France fell by 0.7 points in the second quarter to 7.1%. According to INSEE, this is a "trompe-l'oeil drop" as in the first trimester, due to confinement which has prevented many unemployed people from looking for one.

The unemployment rate in France fell by 0.7 points in the second quarter to 7.1%. According to INSEE, it is a "fall in trompe-l'oeil", as in the first trimester, due to the confinement which has prevented many unemployed people from looking for one.

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"The sharp drop in unemployment within the meaning of the ILO does not reflect an improvement in the labor market but an effect of confinement of unemployed people which outweighs the effect of the increase in the number of unemployed people", explains the Institute. . Already in the first quarter, the unemployment rate had fallen by 0.3 point to 7.8%.

More information to follow.