3. Employment & Entrepreneurship
According to the National Institute for Statistics and Economic Studies (Institut national de la statistiques et des études économiques - INSEE), in the second quarter of 2022, the unemployment rate in France was 7.3%, 0.7 points lower than in 2021. The unemployment rate for the under-25s is 18.3%, up 0.3 points compared to 2021 but below the pre-covid-19 level (-3.3 points). This development is part of the follow-up to the Covid-19 pandemic, which has led to specific strategies and efforts in France with regard to employment and in particular the employment of young people.
The professional integration of young people is therefore a crucial challenge for public policy, which must meet several issues: to reduce the youth unemployment rate and the existing gaps with regard to young people with few or no qualifications also to facilitate the transition between school, higher education and employment and support young people in the creation of their company.
Furthermore, the 2020 COVID-19 pandemic and the resulting economic and social crisis has made it more difficult for young people to enter employment.
As in the case of youth policies, employment policies are based on inter-ministerial and intersectoral work that mobilizes public operators, local authorities, associations and enterprises both in the development of employment policies than at the time of their implementation.