The Minister of Labor is pleased with « youth unemployment at its lowest level for nearly fifteen years »

The Minister of Labor, Elisabeth Borne, greeted Monday December 27 a « Good news on the employment front », with unemployment that “Continued to decline very sharply in November”. In particular, she underlined that « Youth unemployment is at its lowest level for nearly fifteen years ».

She commented on the monthly unemployment figures published a little earlier by the Ministry of Labor, pointing to a further decline in the number of job seekers without any activity (activity A) in November (- 1.7%, to stand at 3.321 million people), after a drop of 3.3% in October. These monthly figures are however considered volatile from one month to another, the statistics department (Dares) only commenting on quarterly developments.

Including reduced activity (categories B and C), the number of job seekers in France (excluding Mayotte) was down 0.7% in November compared to the previous month and stood at 5.669 million, according to the Dares.

The latest quarterly results published at the end of October showed a drop in the number of category A unemployed by 5.5% in the third quarter. Category A was then just below the pre-crisis level, with 5,200 fewer job seekers compared to 4e quarter 2019. For categories A, B and C as a whole, it remained above its pre-crisis level (+ 124,100).

The World with AFP

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