France: unemployment rate estimated at 7.3% in the 3rd quarter


(CercleFinance.com) – The unemployment rate as defined by the ILO (International Labor Office) remained almost stable (-0.1 point) at 7.3% of the active population in France (excluding Mayotte) in the third quarter of 2022 compared to the previous quarter, according to INSEE.

This rate has thus fluctuated between 7.3 and 7.4% since the fourth quarter of 2021, at a level 0.7 point lower than that of the third quarter of 2021 and 0.9 point lower than that of before the health crisis (end 2019).

The number of unemployed persons as defined by the ILO fell by 17,000 compared to the previous quarter, to 2.3 million people. Among the inactive people, 1.8 million want a job without being considered unemployed, a number down from 34,000.

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