France’s unemployment rate climbs to 10.6% in the third quarter

Market news

3 December 2015

France’s unemployment rate climbs to 10.6% in the third quarter

The French statistical office Insee released its unemployment data on Thursday. The unemployment rate in France climbed to 10.6% in the third quarter from 10.4% in the second quarter. The second quarter's figure was revised up from 10.3%.

The number of unemployed people in metropolitan France increased by 75,000 to 2.9 million in the third quarter.

The number of unemployed people under 24 years rose to 24.6% in the third quarter from 23.6% in the second quarter.

The unemployment in France remains at high levels since French President Francois Hollande took office in 2012.

The French government is struggling to bring down unemployment.

European stock markets mid session: stocks traded higher ahead of the European Central Bank’s monetary policy meeting results

France's final services PMI declines to 51.0 in November

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