Sat. Feb 22nd, 2020

The unemployment rate falls in France to 8.1% in the fourth quarter of 2019



The unemployment rate fell in France four tenths in the fourth quarter of 2019 to 8.1% of the active population, its lowest level since the end of 2008, the French National Statistics Institute (INSEE) said Thursday.

The number of unemployed decreased by 85,000 people from October to December, to 2.4 million, the agency said in its statement.

With that figure, it was also 0.7 percentage points less than in the fourth quarter of 2018.

Unemployment in the last three months of 2019 fell three tenths among men (8.3%) and four among women (8%) compared to the previous quarter. Among people of 50 or more, it fell 5 tenths (5.8%), the same decrease as among those between 25 and 49 (7.4%).

Among young people aged 15 to 24, an unemployment rate of 20% was recorded, seven tenths more than in the previous quarter.

INSEE added that long-term unemployment, that of those who have been out of work for more than a year, was 3.2%, two tenths less than in the third quarter of 2019.

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