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Unédic Urges State to Stop Further Withdrawals From Unemployment Fund

The fund warned on Wednesday that a 2026 loss and rising borrowing have pushed debt to about €61.5 billion and called for predictable, long‑term financing to preserve its role as an economic safety net.

Overview

  • Unédic publicly appealed to the State on Wednesday, June 17, 2026, to renounce any new prélèvement so it can continue reducing its debt and manage benefits sustainably.
  • The association now expects a 2026 deficit of €2.3 billion, a forecast that already includes a €4.1 billion State withdrawal planned for this year.
  • Unédic projects end‑2026 debt of roughly €61.5 billion and says that without recent State prélèvements the debt would have been about €43.4 billion by the end of 2028.
  • Officials and social partners point to legacy pandemic costs of around €18 billion, partial financing of France Travail, job losses in the private sector and higher interest rates as the main pressures on revenues and borrowing costs.
  • The unions and employer representatives who run Unédic demand stable, transparent funding and consultation with the State and warn that continued withdrawals or heavier borrowing could weaken unemployment insurance as a social shock absorber and raise costs for contributors.