09-Aug-2024

Economic Buzz: France's Unemployment Rate Drops to 7.3%

France's unemployment rate fell to 7.3% in Q2 2024, down from 7.5% in the previous quarter. The number of unemployed decreased by 40,000 to 2.3 million. Youth unemployment (ages 15-24) dropped by 0.4 percentage points to 17.7%, while rates for ages 25-49 and 50+ remained steady at 6.7% and 5.1%, respectively. Men's unemployment rate declined slightly to 7.3%, while the rate for women rose marginally to 7.4%.

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