Wednesday, June 5, 2013

INSEE Has Problem With First-Quarter Employment Figures

Three days before first-quarter employment statistics were to be published, INSEE, the French national statistical agency, announced that there were problems with its survey, so that it would not be possible to publish the complete figures.

This cryptic announcement raised suspicions, as often in the past, that the government was up to no good, possibly laundering a report even more depressing than what many already expected. Who knows? Further information may be forthcoming eventually, but for now we know nothing about what happened.

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