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.