The number of people registered as out of work in mainland France decreased by 15.1 thousand from a month earlier to 3.411 million in November 2018, the lowest level since August 2014. Initial Jobless Claims in France averaged 1.06 Thousand from 1996 until 2018, reaching an all time high of 74.30 Thousand in February of 2009 and a record low of -61.70 Thousand in July of 1999.
Initial Jobless Claims in France is expected to be -2.60 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Initial Jobless Claims in France to stand at -46.20 in 12 months time. In the long-term, the France Initial Jobless Claims is projected to trend around -6.00 Thousand in 2020, according to our econometric models.