The number of people registered as out of work in mainland France decreased by 6.1 thousand from a month earlier to 3.383 million in March 2019, the lowest level since April 2014. Unemployment among those aged 25 to 49 fell by 7.1 thousand to 2.009 million; and that among people aged 50 or more declined by 2.6 thousand to 0.913 million. Meanwhile, unemployment among young people rose 3.6 thousand to 0.460 million. Compared with the same month of the previous year, registered jobless decreased by 56.4 thousand. Unemployed Persons in France averaged 2880.05 Thousand from 1996 until 2019, reaching an all time high of 3591.10 Thousand in February of 2016 and a record low of 1975.80 Thousand in February of 2008.
Unemployed Persons in France is expected to be 3362.20 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in France to stand at 3340.00 in 12 months time. In the long-term, the France Unemployed Persons is projected to trend around 3290.00 Thousand in 2020, according to our econometric models.