French jobless rate hits 37-year low as lockdown skews data


Jobless rate fell to 7.1%, from 7.8% in the first quarter, hitting its lowest level since the second quarter of 1983, when it stood at 7.0%.

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French unemployment fell to a 37-year low in the second quarter, as the continuation of a multi-year downtrend was exaggerated by a strict coronavirus lockdown that meant people were unable to look for work, INSEE statistics agency data showed on Thursday, reports Reuters.