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Policy
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: FRANCE DATA: Labour Market (Q1 2019) Preview....>
MNI: FRANCE DATA: Labour Market (Q1 2019) Preview - 06:30 BST
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- ILO Unemployment Rate: Bbg Consensus: 8.7%; MNI Median: 8.7%; Prev (Q4): 8.8%
- France's ILO unemployment rate declined by 0.3pp q/q in Q4 to 8.8% - its
lowest level since early 2009
- Markets expect the UE rate to moderate further in Q1, albeit by a softer 0.1pp
- The employment rate, meanwhile, increased by 0.2pp to 66.1% in Q4 - its
highest level since the early 1980s
- The French labour market is gradually strengthening, with recent data
suggesting that the number of jobseekers declined by 0.7% q/q in Q1...
- ... and showing that more people are securing permanent, full-time contracts
- President Macron recently restated his goal to reduce the UE rate to 7% by the
end of his five-year term in 2022...
- ... however, this would imply a much more rapid reduction in the number of
jobseekers going forward than has been the case so far...
- ... and with slower ec. growth, an acceleration in job creation looks unlikely
To read the full story
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Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.