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France Reaches Unprecedented Poverty Level Despite Record-High Employment

France Reaches Unprecedented Poverty Level Despite Record-High Employment

Sputnik Africa

France Reaches Unprecedented Poverty Level Despite Record-High EmploymentA paradoxical situation has emerged in France: the employment rate (69% of people aged... 08.12.2025, Sputnik Africa

2025-12-08T20:03+0100

2025-12-08T20:03+0100

2025-12-08T20:04+0100

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France Reaches Unprecedented Poverty Level Despite Record-High EmploymentA paradoxical situation has emerged in France: the employment rate (69% of people aged 15–64) and the poverty rate (15.9% in 2024) are rising at the same time. A total of 9.8 million French citizens currently live below the poverty line, according to official statistics.Economists offer several explanations:🟠End of exceptional post-COVID and anti-inflation support measures.🟠Rising financial income for the wealthiest due to higher interest rates.🟠Policies (tax cuts, overtime pay incentives) that have primarily benefited the middle class, thereby raising the poverty threshold without sufficiently helping the most disadvantaged.Subscribe to @sputnik_africa Sputnik Africa | X

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