Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for France
Annual, Not Seasonally Adjusted
LRHUTTTTFRA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
-24.17%
Date Range
1/1/1983 - 1/1/2024
Summary
This trend measures the total unemployment rate in France on an annual, not seasonally adjusted basis. It provides a broad indicator of France's overall labor market health and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual, Not Seasonally Adjusted unemployment rate tracks the percentage of the French labor force that is jobless and actively seeking employment. This metric is used by economists and policymakers to gauge the strength of the French economy and inform policy decisions.
Methodology
The data is collected through national labor force surveys conducted by the French statistical agency, INSEE.
Historical Context
The unemployment rate is a key measure monitored by the European Central Bank and other institutions for assessing economic performance and guiding fiscal and monetary policies.
Key Facts
- France's annual unemployment rate averaged 8.6% from 2000-2022.
- The unemployment rate peaked at 10.4% in 2015 before gradually declining.
- Youth unemployment in France remains stubbornly high at around 20%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total unemployment rate in France on an annual, not seasonally adjusted basis. It provides a broad indicator of the overall health of the French labor market.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key metric used by economists, policymakers, and market participants to assess the strength of the French economy and inform economic and labor policies.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by the French statistical agency, INSEE.
Q: How is this trend used in economic policy?
A: The unemployment rate is closely monitored by the European Central Bank and other institutions to evaluate economic performance and guide fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The annual unemployment data is typically released with a 1-2 month delay, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTFRA156N), retrieved from FRED.