French unemployment figures are unprecedented


French temporary unemployment figures are unprecedented. That said Minister of Labor, Muriel Pénicaud, during a radio interview. “We temporarily have 8.7 million workers whose salaries are paid by the state,” said Pénicaud.

According to the minister, this is a “heavy but necessary” investment. It affects more than one in three employees and 732,000 companies. According to the minister, the measures that will be taken will ultimately ensure that millions of jobs are saved. According to him, they enable France to start up companies safely and quickly after the lockdown has ended.

By: Oliver I. Kjeldsen

Oliver I. Kjeldsen has a corporate finance and extensive expertise in company audit. He grants us amazing insights on taxation, international affairs and friendly advice on nearly any topic of interest. His email is

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