France's Unemployment Rate Surpasses 8% for the First Time in Five Years

Reported by Jinse Finance, on May 13, France's unemployment rate unexpectedly rose to its highest level in five years, further indicating that the economic foundation of France, the Eurozone's second-largest economy, was already fragile even before the outbreak of the Iran war. Data from France's National Institute of Statistics and Economic Studies (Insee) shows that unemployment across all age groups has increased, reaching 8.1%. Economists had previously predicted that the unemployment rate would slightly decline from 7.9% at the end of last year to 7.8%. (Dongxin News Agency)