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France now has 2.528 million unemployed, a rise of 10 000 over the quarter.
Unemployment impacts eight.6% of the labor pressure within the third quarter of 2019. | MARC OLLIVIER / WEST FRANCE
Unemployment rate elevated by Zero.1 level within the third quarter to eight.6% of the workforce in France (excluding Mayotte), in keeping with figures launched by INSEE Thursday, November 14. France has 2.528 million unemployed, a rise of 10,000 over the quarter.
Over one 12 months, the unemployment fee, measured in keeping with the requirements of the Worldwide Labor Workplace (ILO), is down Zero.5 level. In metropolitan France alone, the speed additionally elevated by Zero.1 factors to eight.three%.
“The unemployment fee is on a plateau this quarter”, acknowledged on Europe 1 the Minister of Labor, Muriel Pénicaud. “However it’s a must to hold the imaginative and prescient in the long term”, she mentioned, referring to a “Dynamic” job creation “Very robust, with greater than 260,000 jobs created since one 12 months”.
1 million long-term unemployed
For long-term unemployment, ie unemployed individuals who say they’ve been searching for a job for not less than one 12 months, the speed is steady over the quarter and down by Zero.three level over one 12 months to three.four% of the energetic inhabitants. This represents 1 million unemployed all through France.
By age group, the unemployment fee for 15-24 year-olds fell by Zero.2 factors to 19.1%, down 2.three factors year-on-year. These over 50 are up Zero.1 factors to six.four% (+Zero.1 over one 12 months). The 25-49 age group stays steady at 7.9% (-Zero.6 over one 12 months).
Extra time workers
The “Halo round unemployment” can also be up within the third quarter. These individuals who wish to work however are usually not counted as a result of they don’t actively search or are usually not out there instantly have seen their numbers improve by 27,000. This halo issues about 1.6 million folks.
The share of underemployment, ie individuals who wish to work extra, as part-time workers, can also be up (+Zero.1 level over the quarter), to five.four% of individuals employed. Over one 12 months, it fell Zero.three factors. The employment fee, that’s the proportion of 15- to 64-year-olds working, decreased by Zero.three level to 65.2%. The participation fee, the proportion of 15-64-year-olds who work or are unemployed, additionally decreases by Zero.three level to 71.three%.
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