French second-quarter unemployment rate falls to 8.5% from 8.7% in first quarter
Reuters
Published Aug 14, 2019 01:40AM ET
Updated Aug 14, 2019 01:51AM ET
French second-quarter unemployment rate falls to 8.5% from 8.7% in first quarter
PARIS (Reuters) - France's unemployment rate fell to 8.5% in the second quarter from 8.7% in the first, according to data from the INSEE national statistics office, marking the lowest jobless rate in the euro zone's second-biggest economy since the end of 2008.
Six economists polled by Reuters had forecast on average an unemployment rate of 8.7% for the second quarter.
A steady improvement in the jobs market has offered French President Emmanuel Macron some relief in the face of months of street protests against government policies often criticized for favoring the wealthier members of society.
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Written By: Reuters
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