INSEE is confident on the French economic profile.
INSEE forecasts a GDP contraction of -9% in 2020, which would be consistent with the convergence to the 2019 GDP level as soon as 2022. This is the hypothesis I…
Philippe Waechter's blog
Job market momentum and unemployment trends in France during the health crisis
Momentum on the labor market in France warrants greater consideration as it can appear counter-intuitive at first glance. The unemployment rate stood at 7% in the second quarter of 2020,…
What trajectory for the French economy?
The French government expects activity to contract by -11% in 2020. This assumes rapid convergence of the economy towards 100% of its pre-crisis capacities. In this case, the crisis would…
Historical decline in French GDP
French GDP would have declined by 6% in the first quarter according to the Banque de France. It is the first estimate of the 1st quarter of 2020 in developed…
The French economy hit hard by the epidemic
The French economy is operating at 65% of its capacities at the end of March. INSEE shows the importance of a containment of limited duration INSEE published the note we…
French GDP shrinking in the last quarter
Activity contracted during the last 3 months of 2019. Growth for 2020 promises to be more difficult.It will be less than 1% after 1.2% in 2019. French growth was negative…
Reflections on pensions in France
Discussions in France about retirement often give the impression that pensions have to correct a large part of the inequalities of the working period.They suggest an at least partial dissociation…
French households concerned but not worried
Households do not like the uncertainty caused by the social movement since December. Until then their outlook was very optimistic. They are less so, but do not show any break.…