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. 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.

Unemployment Rate in France is expected to be 8.50 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 8.00 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.

France Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-20 06:30 AM Unemployment Rate Q3 9.1% 9.1% 9.2% 9%
2019-02-14 06:30 AM Unemployment Rate Q4 8.8% 9.1% 9.1% 9.1%
2019-05-16 05:30 AM Unemployment Rate Q1 8.7% 8.8% 8.9%
2019-08-14 05:30 AM Unemployment Rate Q2 8.5% 8.7% 8.7% 8.6%
2019-11-20 06:30 AM Unemployment Rate Q3 8.5% 8.5%



French Q2 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 by 0.2 points over the quarter to 8.2 percent, as the number of unemployed decreased by 66,000 to 2.4 million. The fall was more pronounced among young people (-0.6 points) than among persons aged 25 to 49 (-0.2 points) and those aged 50 and over (-0.2 points). The long-term unemployment rate edged down to 3.2 percent in the second quarter from 3.3 percent in the previous period.

The employment rate of the population aged 15-64 years was virtually stable at 66 percent. Over the quarter, the employment rate among the youth diminished (-0.3 points), whereas it was stable among persons aged 25 to 49 and slightly increased among those aged 50 to 64 (+0.2 points), especially women (+0.7 points). Full-time employment rate stood at 54.7 percent in the second quarter, its highest level since 2003. Part-time employment rate declined 0.3 points to 11.3 percent.

About 5.2 percent of the employed were underemployed, meaning that they had a part-time job but wished to work more. This was virtually stable (-0.1 points) compared to the March quarter. 

The activity rate of people aged 15-64 decreased by 0.2 points to 72.0 percent. Quarter-on-quarter, it decreased by 0.6 points among youths and by 0.2 points for middle-age people. The activity rate increased however among those aged 55 to 64 (+0.2 points).


INSEE, France | Chusnul Ch Manan | chusnul@tradingeconomics.com
8/14/2019 2:58:00 PM



France Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.50 8.70 10.70 7.20 percent [+]
Employed Persons 28383.20 28288.50 28383.20 19522.00 Thousand [+]
Unemployed Persons 3393.40 3382.60 3591.10 1975.80 Thousand [+]
Employment Rate 66.00 66.10 66.10 63.50 percent [+]
Long Term Unemployment Rate 3.20 3.30 5.00 2.40 percent [+]
Youth Unemployment Rate 19.20 19.30 26.00 14.50 percent [+]
Labour Costs 107.60 107.50 108.30 5.90 Index Points [+]
Productivity 103.59 103.70 103.70 18.48 Index Points [+]
Job Vacancies 322.70 272.60 363.80 121.10 Thousand [+]
Wages 2988.00 2962.00 2988.00 1751.73 EUR/Month [+]
Wages in Manufacturing 103.10 102.20 116.10 72.70 Index Points [+]
Minimum Wages 1521.22 1521.22 1521.22 1035.97 EUR/Month [+]
Wage Growth 0.80 0.20 1.00 0.10 percent [+]
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 72.00 72.20 72.30 69.50 percent [+]
Initial Jobless Claims 10.80 6.10 72.70 -60.70 Thousand [+]
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 2782.80 2781.70 5475.10 2760.90 Thousand [+]
Non Farm Payrolls 25395.90 25339.70 25395.90 24289.20 Thousand [+]
Nonfarm Payrolls Private 19591.40 19545.60 19591.40 12409.60 Thousand [+]
Part Time Employment 4754.60 4732.00 4965.70 3802.00 Thousand [+]
Employment Change 0.30 0.30 0.70 -0.50 percent [+]
Full Time Employment 21820.30 22043.90 22172.40 18337.00 Thousand [+]
Government Payrolls 5804.60 5794.10 5821.90 5608.60 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 [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
8.50 8.70 10.70 7.20 1996 - 2019 percent Quarterly




Country Last Previous
South Africa 29.00 Jun/19
Spain 14.02 Jun/19
Turkey 13.00 Jun/19
Brazil 11.80 Jul/19
Argentina 10.10 Mar/19
Italy 9.90 Jul/19
France 8.50 Jun/19
Euro Area 7.50 Jul/19
India 6.00 Dec/18
Canada 5.70 Aug/19
Saudi Arabia 5.60 Jun/19
Australia 5.30 Aug/19
Indonesia 5.01 Mar/19
Russia 4.30 Aug/19
United Kingdom 3.80 Jul/19
Mexico 3.70 Jul/19
United States 3.70 Aug/19
China 3.61 Jun/19
Netherlands 3.50 Aug/19
South Korea 3.10 Aug/19
Germany 3.00 Jul/19
Japan 2.20 Jul/19
Singapore 2.20 Jun/19
Switzerland 2.10 Aug/19


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