Unemployment in France

France Unemployment | Economic News & Forecasts

France - Unemployment

Preliminary data shows that the economy expanded 0.5% for the third consecutive term in Q2 driven by a strong external sector. Economic activity is expected to remain on a steady footing with strong survey-based data in Q3, robust overseas demand and an improving labor market which should bode well for private consumption. Q2’s headline figure has been taken with cautious optimism by the government. President Emmanuel Macron is walking a tightrope as he prepares to present his ambitious labor reform bill next month. Strikes are already planned in response, and expectations of additional budget cuts will generate resistance and could further erode his declining popularity and undermine the implementation of his economic program as a result.

France - Unemployment Data

2012  2013  2014  2015  2016  
Unemployment Rate9.8  10.3  10.3  10.4  10.0  

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France Unemployment Chart

France Unemployment
Note: Unemployment in % of active population.
Source: National Institute of Statistics

France Facts

Bond Yield0.742.10 %Sep 21
Exchange Rate1.19-0.61 %Sep 21
Stock Market5,2670.49 %Sep 21

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