Report
France: Why structural unemployment is unfortunately likely to rise
We fear that the COVID crisis will drive up structural unemployment in France for several reasons: The shift in the sectoral structure of the economy, given the difficulty of moving workers from struggling sectors to growing sectors; The fall in labour productivity due to the new public health regulations, as long as they remain in place; Companies’ search for low-production-cost locations, which could trigger a fresh wave of offshoring in France.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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