- France’s unemployment rate falls to 10.3% in the fourth quarter
Market news
3 March 2016
France’s unemployment rate falls to 10.3% in the fourth quarter
The French statistical office Insee released its unemployment data on Thursday. The unemployment rate in France fell to 10.3% in the fourth quarter from 10.4% in the third quarter. The third quarter's figure was revised down from 10.6%.
The number of unemployed people in metropolitan France dropped by 47,000 to 2.86 million in the fourth quarter.
The employment rate remained unchanged at 64.3% in the fourth quarter.
The number of unemployed people under 24 years fell to 24.0% in the fourth quarter from 24.3% in the third 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.
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