The unemployment rate in France was at 7.3 percent in the first quarter of 2022, compared with market forecasts and the previous figure of 7.4 percent. The latest reading was the lowest jobless rate since the second quarter 2020, as the number of unemployed people decreased by 18,000 to 2.2 million. At the same time, the unemployment rate for people aged 15-24 increased 0.3 points to 16.3 percent, after a sharp drop in the previous quarter, and those aged 25 to 49 decreased 0.2 percent to 6.6%, while was virtually stable for those aged 50 or more (at 5.6 percent). The employment rate increased by 0.2 points to 68.0 percent, the fresh peak since INSEE measures it according to ILO’s definition. Meanwhile, the activity rate rose by 0.2 points to 73.4 percent from 73.2 percent and was back to its peak level reached in Q3 2021. source: INSEE, France

Unemployment Rate in France averaged 8.40 percent from 1975 until 2022, reaching an all time high of 10.70 percent in the first quarter of 1994 and a record low of 3.20 percent in the first quarter of 1975. This page provides the latest reported value for - France Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

Unemployment Rate in France is expected to be 7.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Unemployment Rate is projected to trend around 7.40 percent in 2023 and 7.20 percent in 2024, according to our econometric models.

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France Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-02-18 06:30 AM Q4 7.4% 8% 7.8% 7.8%
2022-05-17 05:30 AM Q1 7.3% 7.4% 7.4% 7.2%
2022-08-12 05:30 AM Q2 7.3%


Related Last Previous Unit Reference
Unemployment Rate 7.30 7.40 percent Mar 2022
Employed Persons 29026.40 28798.20 Thousand Dec 2021
Employment Rate 67.80 67.50 percent Dec 2021
Long Term Unemployment Rate 2.20 2.40 percent Dec 2021
Productivity 102.95 102.75 points Dec 2021
Wages 3183.00 3137.00 EUR/Month Dec 2019
Wages in Manufacturing 107.50 107.10 points Dec 2021
Population 67.29 67.14 Million Dec 2020
Nonfarm Payrolls Private 20126.30 20060.30 Thousand Mar 2022
Non Farm Payrolls 25898.10 25791.20 Thousand Dec 2021
Manufacturing Payrolls 2750.30 2743.20 Thousand Dec 2021
Labor Force Participation Rate 73.30 73.50 percent Dec 2021
Government Payrolls 5837.90 5851.30 Thousand Dec 2021

France Unemployment Rate
In France, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.40 10.70 3.20 1975 - 2022 percent Quarterly
SA

News Stream
France Q1 Jobless Rate Lowest in Near 2 Years
The unemployment rate in France was at 7.3 percent in the first quarter of 2022, compared with market forecasts and the previous figure of 7.4 percent. The latest reading was the lowest jobless rate since the second quarter 2020, as the number of unemployed people decreased by 18,000 to 2.2 million. At the same time, the unemployment rate for people aged 15-24 increased 0.3 points to 16.3 percent, after a sharp drop in the previous quarter, and those aged 25 to 49 decreased 0.2 percent to 6.6%, while was virtually stable for those aged 50 or more (at 5.6 percent). The employment rate increased by 0.2 points to 68.0 percent, the fresh peak since INSEE measures it according to ILO’s definition. Meanwhile, the activity rate rose by 0.2 points to 73.4 percent from 73.2 percent and was back to its peak level reached in Q3 2021.
2022-05-17
France Q4 Jobless Rate Lowest in 1-1/2 Years
The unemployment rate in France declined to 7.4 percent in the fourth quarter of 2021 from a downwardly revised 8.0 percent in the previous period and below market expectations of 7.8 percent. It was the lowest jobless rate since the second quarter 2020, as the number of unemployed people decreased by 189,000 to 2.2 million. At the same time, the unemployment rate for people aged 15-24 decreased 3.6 points to 15.9 percent, reaching the lows of late 1980s and 1990s, and those aged 25 to 49 declined 0.3 percent, while remaining constant for those aged 50 or more (at 5.8 percent). The employment rate increased by 0.2 points to 67.8 percent, the new highest level since INSEE measures it according to ILO’s definition. Meanwhile, the activity rate dropped by 0.2 points to 73.3 percent from 73.5 percent in Q3, which was the highest level since the statistics agency measures it according to ILO’s definition.
2022-02-18
France Q3 Jobless Rate Unexpectedly Ticks Higher
The unemployment rate in France unexpectedly edged up to 8.1 percent in the third quarter of 2021 from 8.0 percent in the previous period and above market expectations of 7.8 percent. The number of unemployed people rose by 52,000 to 2.4 million, almost similar to its end of 2019 level, before the health crisis. At the same time, the unemployment rate for people aged 15-24 increased 0.3 points to 20.0 percent while remaining constant for those aged 25 to 49 (at 7.1 percent) and those aged 50 or more (at 5.9 percent). The employment rate increased by 0.5 points to 67.5 percent, the highest level since INSEE measures it according to ILO’s definition and above its pre-crisis level by 0.7 points. The activity rate, meanwhile, went up by 0.6 points to 73.5 percent, also the highest level since the statistics agency measures it according to ILO’s definition and exceeded its pre-crisis level by 0.7 points.
2021-11-19