In Q4 2022, the unemployment rate according to the ILO definition again remained virtually stable compared to the previous quarter: –0.1 points, to 7.2% of the labour force. This was 0.3 points below its level of Q4 2021 and its lowest level since Q1 2008 (if we exclude the exceptional artificial drop in Q2 2020, during the first lockdown). The year-on-year fall is the result of a more dynamic decline in momentum in employment than in that of the labour force: 467,000 net jobs created throughout the year for 396,000 additional workers. Employment and the labour force slowed together at the end of the year but the unemployment rate and the labour force participation rate according to the ILO definition remained at their highest ever levels since INSEE first measured them (1975)...