The number of people registered as out of work in mainland France decreased by 9.7 thousand from a month earlier to 3.426 million in October 2018. Unemployment among those aged 25 to 49 fell by 6.8 thousand to 2.048 million and that among young people declined by 3.4 thousand at 0.456 million. Meanwhile, the number of unemployed people aged 50 or more went up by 0.5 thousand to 0.922 million. Compared with the same month of the previous year, registered jobless dropped by 55.5 thousand. Unemployed Persons in France averaged 2870.64 Thousand from 1996 until 2018, reaching an all time high of 3584.90 Thousand in February of 2016 and a record low of 1975.90 Thousand in February of 2008.
Unemployed Persons in France is expected to be 3415.20 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 3348.00 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.