Supporting Unédic in funding the unemployment benefit system during the health crisis
Since the onset of the health and economic crisis, many sectors (leisure, tourism, catering, hotels, events, non-essential retail, etc.) have suffered partial or total shutdowns in their activity. In the face of this unprecedented situation, Unédic moved to strengthen its conventional unemployment benefit mechanisms by setting up an extensive furlough scheme. And to cover the necessary funding, it chose to issue social bonds with the close support of Natixis.
Jun Dumolard, Head of Finance and Accounting, and Lara Muller, Head of Statistics and Research at Unédic, explain the impact of the health crisis on employment and talk about the measures introduced by Unédic to support the most vulnerable employees.