The unemployment rate in France declined to 7.8 percent in the first quarter of 2020, the lowest level since the three months to December 2008 and below market expectations of 8.4 percent, due to a sharp fall in the number of unemployed declaring themselves available or actively looking for work during the period of lockdown. In metropolitan France only, the unemployment rate stood at 7.6 percent. The rate diminished significantly among persons aged 15 to 24 (-0.7 points) and those aged 50 and over (-0.4 points). The long term unemployment rate dropped to 3.0 percent from 3.2 percent. Meantime, the employment rate was stable at 66 percent, while the activity rate decreased by 0.2 points to 71.7 percent.

Unemployment Rate in France averaged 8.34 percent from 1975 until 2020, reaching an all time high of 10.80 percent in the second quarter of 1994 and a record low of 3 percent in the first quarter of 1975. This page provides the latest reported value for - France Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: INSEE, France

Unemployment Rate in France is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in France to stand at 12.40 in 12 months time. In the long-term, the France Unemployment Rate is projected to trend around 10.80 percent in 2021 and 9.50 percent in 2022, according to our econometric models.

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France Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.80 8.10 10.80 3.00 1975 - 2020 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-08-14 05:30 AM Q2 8.5% 8.7% 8.7% 8.6%
2019-11-14 06:30 AM Q3 8.6% 8.5% 8.4% 8.5%
2020-02-13 06:30 AM Q4 8.1% 8.5% 8.5% 8.4%
2020-05-14 05:30 AM Q1 7.8% 8.1% 8.4% 8.5%
2020-08-14 05:30 AM Q2 7.8% 10.5%
2020-11-13 06:30 AM Q3 12%


News Stream
French Jobless Rate Falls to Over 11-Year Low
The unemployment rate in France declined to 7.8 percent in the first quarter of 2020, the lowest level since the three months to December 2008 and below market expectations of 8.4 percent, due to a sharp fall in the number of unemployed declaring themselves available or actively looking for work during the period of lockdown. In metropolitan France only, the unemployment rate stood at 7.6 percent. The rate diminished significantly among persons aged 15 to 24 (-0.7 points) and those aged 50 and over (-0.4 points). The long term unemployment rate dropped to 3.0 percent from 3.2 percent. Meantime, the employment rate was stable at 66 percent, while the activity rate decreased by 0.2 points to 71.7 percent.
2020-05-14
French Jobless Rate Falls to 11-Year Low
The unemployment rate in France declined to 8.1 percent in the fourth quarter of 2019, the lowest level since the three months to December 2008 and below market expectations of 8.5 percent, as the number of unemployed decreased by 85,000 to 2.4 million people. In metropolitan France only, the unemployment rate stood at 7.9 percent. The rate diminished significantly among persons aged 25 to 49 (-0.5 points) and those aged 50 and over (-0.5 points). The long term unemployment rate dropped to 3.2 percent, the lowest since the second quarter of 2009. Meantime, the employment rate rose by 0.7 points to an all-time high of 65.9 percent, while the activity rate increased by 0.4 points to 71.8 percent.
2020-02-13
French Jobless Rate Rises to 8.6% in Q3
The unemployment rate in France inched higher to 8.6 percent in the third quarter of 2019 from 8.5 percent in the previous period and above market expectations of 8.4 percent. In metropolitan France only, the unemployment rate edged up to 8.3 percent. Meantime, the employment rate declined 0.1 points to 65.2 percent, while the activity rate decreased 0.3 points to 71.3 percent.
2019-11-14
French Jobless Rate Lowest in 10-1/2 Years
The unemployment rate in France fell to 8.5 percent in the second quarter of 2019 from 8.7 percent in the previous period and below market expectations of 8.7 percent. That was the lowest jobless rate since the fourth quarter of 2008. In metropolitan France only, the unemployment rate declined to 8.2 percent, as the number of unemployed decreased by 66,000 to 2.4 million. Meantime, the employment rate was virtually stable at 66 percent, while the activity rate decreased 0.2 points to 72 percent.
2019-08-14

France Unemployment Rate
In France, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.