The number of people registered as out of work in mainland France increased by 6.1 thousand from the previous month to 3.383 million in June 2019. Unemployment among those aged 25 to 49 rose by 2.3 thousand to 2.008 million; and that among young people grew by 7.3 thousand to 0.464 million. Meanwhile, unemployment among people aged 50 or more fell by 3.5 thousand to 0.911 million. Compared with the same month of the previous year, registered jobless dropped by 59.7 thousand. Considering the second quarter as a whole, jobless total declined by 14.6 thousand on quarter to 3.377 million, its lowest level since the first quarter of 2014. Unemployed Persons in France averaged 2885.34 Thousand from 1996 until 2019, reaching an all time high of 3591.10 Thousand in February of 2016 and a record low of 1975.80 Thousand in February of 2008.
Unemployed Persons in France is expected to be 3348.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in France to stand at 3332.00 in 12 months time. In the long-term, the France Unemployed Persons is projected to trend around 3250.00 Thousand in 2020, according to our econometric models.