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France Unemployment Stable, Youth Jobless Rate Rises
France's unemployment rate remains stable despite economic challenges, with youth unemployment rising significantly while senior employment shows improvement.
French
France
EconomyLabour MarketFranceUnemploymentLaborJobs
InseePôle EmploiBureau International Du Travail (Bit)
- How did unemployment rates change for the 25-49 and 50+ age groups?
- Unemployment among those aged 25-49 remained relatively stable, while the unemployment rate for those 50 and older decreased to its lowest level since late 2008, at 4.7%.
- What is the projected outlook for France's employment market in the coming years?
- Experts predict a potential downturn in the employment situation, particularly in 2025, as the positive effects of recent job creation initiatives begin to wear off and economic difficulties take their toll.
- What was the overall change in France's unemployment rate in the third quarter of 2022?
- France's unemployment rate remained largely unchanged in the third quarter of 2022, at 7.4%, despite a challenging economic climate. The increase of 35,000 unemployed individuals using the stricter ILO definition was relatively modest.
- Which age group experienced the most significant increase in unemployment during this period?
- Youth unemployment (15-24 years old) saw a significant increase, rising by 1.8 points to 19.7% compared to the previous quarter. This is the highest level since early 2021.
- What is the current employment situation among the 50-64 age group and what might be a contributing factor?
- Employment among the 50-64 age group significantly increased, reaching a record high of 68.8% This is partly due to the positive impact of the Olympic games which has now subsided.