The unemployment rate in France stood at 9.1 percent in the third quarter of 2018, the same as in the previous period and slightly below market expectations of 9.2 percent. In metropolitan France only, the unemployment rate was also unchanged at 8.8 percent in the third quarter as the number of unemployed increased by 22,000 to 2.6 million. The employment rate rose by 0.1 percentage points to 65.9 percent, its highest level since the early 1980s, and the activity rate moved up to 72.3 percent, its highest since the series began in 1975. Unemployment Rate in France averaged 9.27 percent from 1996 until 2018, 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 8.60 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 7.20 percent in 2020, according to our econometric models.

France Unemployment Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-02-15 06:30 AM Unemployment Rate 8.9% 9.6% 9.7%
2018-05-23 05:30 AM Unemployment Rate 9.2% 9% 8.8% 9.1%
2018-08-14 05:30 AM Unemployment Rate 9.1% 9.2% 9.2% 8.9%
2018-11-20 06:30 AM Unemployment Rate 9.1% 9.1% 9.2% 9%
2019-02-14 06:30 AM Unemployment Rate 9.1% 8.60%
2019-05-23 05:30 AM Unemployment Rate 8.50%
2019-08-14 05:30 AM Unemployment Rate 8.10%



French Q3 Jobless Rate Unchanged at 9.1%

The unemployment rate in France stood at 9.1 percent in the third quarter of 2018, the same as in the previous period and slightly below market expectations of 9.2 percent.

In metropolitan France only, the unemployment rate was stable over a quarter, standing at 8.8 percent, with the number of unemployed increasing by 22,000 to 2.6 million. The unemployment rate rose among youths, especially among young men (up 1.0 point). It was stable for persons aged 25 to 49 and edged down for those aged 50 and over. Among the unemployed, 1.0 million were seeking a job for at least one year. The long-term unemployment rate fell to 3.4 percent in the September quarter from 3.6 percent in the previous period and 4.2 percent a year earlier.

The employment rate of the population aged 15-64 years increased by 0.1 points to 65.9 percent in the third quarter, its highest level since the early 1980s. It increased by 0.8 percentage points year-on-year. Over the quarter, it went up by 0.5 points for persons aged 15 to 24 and was almost unchanged among other age groups.

About 5.6 percent of the employed were underemployed, meaning that they had a part-time job but wished to work more. This share decreased by 0.2 points compared to Q2 2018, and 0.6 points over a year.

The activity rate of people aged 15-64 rose by 0.1 points to 72.3 percent, its highest level since the series began in 1975. It increased by 0.4 percentage points compared to Q3 2017. Among inactive people, 1.5 million wished to work without being considered as unemployed according to the ILO definition: they made up the halo of unemployment. The number was virtually stable quarter-on-quarter (up 8,000), and increased by 48,000 over a year.


INSEE | Rida | rida@tradingeconomics.com
11/20/2018 9:39:55 AM



France Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.10 9.10 10.70 7.20 percent [+]
Employed Persons 28184.20 28145.30 28184.20 19530.70 Thousand [+]
Unemployed Persons 3410.80 3425.90 3584.90 1975.90 Thousand [+]
Employment Rate 65.90 65.80 65.90 63.50 percent [+]
Long Term Unemployment Rate 3.40 3.60 5.00 2.40 percent [+]
Youth Unemployment Rate 21.80 21.60 26.20 14.50 percent [+]
Labour Costs 108.20 108.10 108.20 5.90 Index Points [+]
Productivity 118.72 118.44 118.72 20.68 Index Points [+]
Job Vacancies 242.90 285.40 363.80 121.10 Thousand [+]
Wages 2998.00 2956.00 2998.00 1751.73 EUR/Month [+]
Wages in Manufacturing 102.00 101.60 117.90 72.70 Index Points [+]
Minimum Wages 1521.22 1521.22 1521.22 1035.97 EUR/Month [+]
Wage Growth 0.40 0.70 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 72.30 72.20 72.30 69.50 percent [+]
Initial Jobless Claims -15.10 -9.70 74.30 -61.70 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 2772.80 2774.30 5475.10 2768.90 Thousand [+]
Non Farm Payrolls 25173.60 25158.60 25173.60 24298.40 Thousand [+]
Nonfarm Payrolls Private 19392.30 19369.90 19392.30 12409.60 Thousand [+]
Part Time Employment 4948.80 4838.00 4965.70 3802.00 Thousand [+]
Employment Change 0.10 0.20 0.70 -0.50 percent [+]
Full Time Employment 21849.10 21682.40 21859.10 18337.00 Thousand [+]
Government Payrolls 5781.30 5788.70 5806.90 5609.30 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.10 9.10 10.70 7.20 1996 - 2018 percent Quarterly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.00 Nov/18
United States 3.90 Dec/18
China 3.80 Dec/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Mexico 3.40 Dec/18
Germany 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


Related

Latest