Unemployment drop in France does not reflect actual position

Source: WBP Online
© AP

The level of unemployment plunged by 1.7%, reaching the lowest level since the dot com bubble in 2000, however, it is likely that this indicator does not legitimately reflect the employment status of the country. The sharp increase in the partially employed as well as a surge in the average unemployment time displays no positive trend in unemployment and that the slip is likely due to people not updating their job-seeking status. 

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