French Unemployment Rate Highest Since 2020

India, Aug. 7 -- France's unemployment rate rose to the highest level since the coronavirus pandemic in the second quarter, the statistical office INSEE said Friday.

The ILO jobless rate rose to 8.3 percent in the second quarter from 8.1 percent in the first quarter. The rate hit the highest since the third quarter of 2020.

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Economists had forecast the rate to rise to 8.2 percent.

The number of unemployed increased by 62,000 from the previous quarter to 2.7 million, data showed.

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