France Unemployment Rate

The unemployment rate in France was steady at 7.5% in the fourth quarter of 2023, the same as an upwardly revised reading of 7.5% in the previous quarter and compared to market forecasts of 7.4%. The number of unemployed persons increased by 29 thousand to 2.3 million, with the unemployment rate for people aged 25 to 49 rising by 0.2 percentage points to 7%. Meanwhile, the unemployment rate for people aged 15 to 24 decreased by 0.2 percentage points to 17.5% and declined by 0.1 percentage points to 5% for those aged 50 and more. Among genders, men's unemployment rate ticked up by 0.1 percentage points to 7.6%, while it ticked down by 0.1 percentage points to 7.4% for women. Meantime, the activity rate rose to 74.1% in the fourth quarter of 2023 from 73.8% in the previous three-month period.