France Jobless Rate Edges Up to 10.0% in Q3


Unemployment rate in France rose to 10.0 percent in the third quarter of 2016 from 9.9 percent in the June quarter.

In metropolitan France only, with 2.8 million people, 9.7 percent of the active population was unemployed, up slightly from 9.6 percent in the previous three months. The unemployment increased among youths and persons aged 50 and over while it fell for men aged 25 to 49. Compared to the previous year, it dropped by 0.4 percentage points. Among inactive people, 1.5 million wish to work but they are not considered as unemployed (unemployment halo). The number of people in the unemployment halo declined by 26,000 quarter-on-quarter in the September quarter and up by 70,000 over a year.

In the September quarter, the employment rate of the population aged 15-64 years stood at 64.6 percent, down 0.1 percentage points compared to the second quarter. Permanent employment rate for people aged 15-64 came in at 48.5 percent, down by 0.3 percentage points quarter-on-quarter and by 0.1 percentage points year-on-year. Meanwhile, fixed term and temporary contracts employment rate stood at 7.4 percent, the same as in the previous quarter and over the year.

The activity rate of people aged 15-64 increased  by 0.1 percentage points to 71.7 percent in the third quarter, which was the same in the September quarter 2015.

About  6.3 percent of the persons employed were underemployed, decreasing by 0.4 percentage points over the quarter. Slack work stood at 0.3 percent of the persons employed (-0.2 percentage points quarter-on-quarter).

Insee l Rida Husna | rida@tradingeconomics.com
11/17/2016 6:51:05 AM