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. Unemployment Rate in France averaged 9.24 percent from 1996 until 2019, reaching an all time high of 10.70 percent in the first quarter of 1997 and a record low of 7.20 percent in the first quarter of 2008. source: INSEE, France

Unemployment Rate in France is expected to be 8.10 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 7.60 in 12 months time. In the long-term, the France Unemployment Rate is projected to trend around 6.80 percent in 2020, according to our econometric models.


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France Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
8.60 8.50 10.70 7.20 1996 - 2019 percent Quarterly
SA



Calendar GMT Actual Previous Consensus TEForecast
2019-02-14 06:30 AM Q4 8.8% 9.1% 9.1% 9.1%
2019-05-16 05:30 AM Q1 8.7% 8.8% 8.9%
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 8.6% 8.4%


News Stream
2019-08-14
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.

2019-05-16
French Q1 Jobless Rate Falls to a Decade Low of 8.7%
The unemployment rate in France inched lower to 8.7 percent in the March quarter of 2019 from 8.8 percent in the previous period. It was the lowest jobless rate since the first quarter of 2009. In metropolitan France only, the unemployment rate edged down to 8.4 percent from 8.5 percent, as the number of unemployed decreased by 19,000 from the prior quarter to 2.4 million. Meantime, the employment rate remained at its level highest since the early 1980s, while the activity rate was stable at 72.3 percent.

2019-02-14
French Jobless Rate Falls to Near 10-Year Low
The unemployment rate in France fell to 8.8 percent in the fourth quarter of 2018 from 9.1 percent in the previous period and slightly below market expectations of 9.1 percent. It was the lowest jobless rate since the first quarter of 2009. In metropolitan France only, the unemployment rate declined to 8.5 percent from 8.8 percent, as the number of unemployed decreased by 90,000 to 2.5 million. Meanwhile, the employment rate remained at its highest level since the early 1980s and the activity rate was stable at 72.3 percent.


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.

France Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.60 8.50 10.70 7.20 percent [+]
Employed Persons 28437.90 28376.60 28437.90 19522.00 Thousand [+]
Unemployed Persons 3302.90 3330.70 3591.10 1975.80 Thousand [+]
Employment Rate 65.20 65.50 65.50 63.00 percent [+]
Long Term Unemployment Rate 3.40 3.40 5.00 2.60 percent [+]
Youth Unemployment Rate 18.90 19.00 26.00 14.50 percent [+]
Labour Costs 102.60 102.20 102.70 5.90 points [+]
Productivity 103.69 103.59 103.70 18.48 points [+]
Job Vacancies 238.90 282.60 363.80 121.10 Thousand [+]
Wages 2988.00 2962.00 2988.00 1751.73 EUR/Month [+]
Wages in Manufacturing 103.90 103.60 116.10 72.70 points [+]
Wage Growth 0.50 0.80 1.00 0.10 percent [+]
Minimum Wages 1521.22 1521.22 1521.22 1035.97 EUR/Month [+]
Population 67.19 66.95 67.19 45.46 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 60.00 [+]
Labor Force Participation Rate 71.30 71.60 72.00 69.20 percent [+]
Living Wage Family 1790.00 1750.00 1860.00 1650.00 EUR/Month [+]
Living Wage Individual 1080.00 1050.00 1150.00 960.00 EUR/Month [+]
Manufacturing Payrolls 2784.20 2783.20 5475.10 2761.20 Thousand [+]
Initial Jobless Claims -27.80 4.00 72.70 -60.70 Thousand [+]
Non Farm Payrolls 25444.40 25402.20 25444.40 24324.70 Thousand [+]
Nonfarm Payrolls Private 19623.60 19589.90 19623.60 12409.60 Thousand [+]
Part Time Employment 4555.60 4668.20 4965.70 3802.00 Thousand [+]
Government Payrolls 5820.80 5812.30 5823.10 5609.00 Thousand [+]
Employment Change 0.20 0.30 0.70 -0.50 percent [+]
Full Time Employment 22181.90 22138.70 22181.90 18337.00 Thousand [+]
Wages Low Skilled 1610.00 1580.00 1610.00 1530.00 EUR/Month [+]
Wages High Skilled 3120.00 3460.00 3460.00 3120.00 EUR/Month [+]