Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for France
Annual, Seasonally Adjusted
LRUNTTTTFRA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.39
Year-over-Year Change
-21.41%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the civilian labor force participation rate in France, which is the percentage of the working-age population that is employed or actively seeking work. This metric is crucial for understanding labor market dynamics and evaluating economic policies.
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 civilian labor force participation rate represents the active portion of an economy's labor force. It is a key indicator of the relative size of the supply of labor available for the production of goods and services.
Methodology
The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies (INSEE).
Historical Context
Policy analysts and economists use this trend to assess the health of the French labor market and inform decisions around employment, education, and social programs.
Key Facts
- France's labor force participation rate was 68.1% in 2021.
- The rate has declined from a peak of 70.3% in 2008.
- Women's participation rate is lower than men's in France.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the French working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of a country's labor market, which is crucial for economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French National Institute of Statistics and Economic Studies (INSEE).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess labor market dynamics and inform decisions around employment, education, and social programs.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the INSEE, and may have a delay of several months.
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: 15 Years or over for France
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for France
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Financial Account (Excludes Exceptional Financing and Use of Fund Resources), Net for France
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUNTTTTFRA156S), retrieved from FRED.