The unemployment rate in France inched up to 7.2% in the second quarter of 2023 from 7.1% in the previous quarter, and the highest since Q3 2022, as the number of unemployed people increased by 20 thousand to 2.2 million. Meanwhile, the unemployment rate for people aged 15-24 rose by 0.1 points to 16.7%. On the other hand, the unemployment rate was up 0.1% for people aged 25-49 to 6.5%, while those for people aged 50 or more fell slightly to 5.1%. Among genders, the jobless rate for women increased by 0.3 points to 7.1%, while those for men decreased by 0.2 points to 7.2%. Meanwhile, the activity was stable at 73.9%. source: INSEE, France
Unemployment Rate in France averaged 8.37 percent from 1975 until 2023, reaching an all time high of 10.70 percent in the first quarter of 1994 and a record low of 3.20 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 August of 2023.
Unemployment Rate in France is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Unemployment Rate is projected to trend around 8.40 percent in 2024 and 7.90 percent in 2025, according to our econometric models.