February 23, 2024 1:09 am
France’s unemployment rate holds steady at 7.5% in the final quarter of 2023

In the fourth quarter of 2023, the number of unemployed people as defined by the International Labor Office (ILO) increased by 29,000 from the previous quarter, reaching a total of 2.3 million people. This represents a slight increase in the unemployment rate, which is now at 0.4 points above its lowest level since 1982. Despite this, it remains significantly lower than its peak in mid-2015 by three more points.

When looking at age groups, there were slight changes in the unemployment rate. For those aged 15-24, there was a decrease of 0.2 points, while for those aged 25-49, there was an increase of 0.2 points. The rate for those aged 50 or over remained almost stable.

The long-term unemployment rate also saw a slight increase in the fourth quarter of 2023, with an average of 571,000 people declaring themselves to be unemployed and looking for one for at least a year. This represents an increase of 33,000 from the previous quarter.

In addition to these statistics on unemployment rates and long-term unemployment rates, there is additional content that appears unrelated to the discussion on these topics. This includes links to personal profiles, information on jewelry and spray foam insulation.

While this additional content may be useful in its own right, it could be better organized into neat sections or paragraphs with related topics grouped together to create a clearer picture of labor market trends and conditions in France.

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