The number of people registered as out of work in mainland France decreased by 20.1 thousand from the previous month to 3.373 million in August 2019. Unemployment among those aged 25 to 49 fell by 13.4 thousand to 1.997 million; and that among people aged 50 or more declined by 5.0 thousand to 0.910 million. In addition, unemployment among young people dropped by 1.7 thousand to 0.466 million. Compared with the same month of the previous year, registered jobless decreased by 79.2 thousand. Unemployed Persons in France averaged 2888.85 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 3363.20 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 3332.00 in 12 months time. In the long-term, the France Unemployed Persons is projected to trend around 3250.00 Thousand in 2020, according to our econometric models.