Economics

Falling Unemployment Boosts Macron’s Reform Drive in France

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The number of registered job-seekers in France fell to its lowest level in six years, giving President Emmanuel Macron a boost in his efforts to convince the French his reforms are working. Macron is in need of vindication as labor unions continue to contest the pension reform, and the the country’s highest administrative jurisdiction warned it can’t guarantee the legal certainty of his plans. France’s labor market has proven more resilient than expected over the last year with unemployment continuing to decline despite a slower pace of economic growth.