France’s unemployment rate remains unchanged at 10.2% in the first quarter

Market news

19 May 2016

France’s unemployment rate remains unchanged at 10.2% in the first quarter

The French statistical office Insee released its unemployment data on Thursday. The unemployment rate in France remained unchanged at 10.2% in the first quarter. The fourth quarter's figure was revised down from 10.3%.

The number of unemployed people in metropolitan France remained unchanged at 2.8 million in the first quarter.

The employment rate rose to 64.6% in the first quarter from 64.4% in the fourth quarter.

The number of unemployed people under 24 years increased to 24.2% in the first quarter from 23.9% in the fourth 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 lower on the Fed’s minutes

Core machinery orders in Japan jump 5.5% in March

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.