Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for France
LRUN74TTFRQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.40
Year-over-Year Change
0.06%
Date Range
1/1/2003 - 1/1/2025
Summary
The Unemployment Rate Total: From 15 to 74 Years for France is a key economic indicator that measures the percentage of the French labor force aged 15 to 74 who are unemployed. This metric is closely watched by policymakers and economists to assess the health of the French labor market.
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
This data series, published by the U.S. Federal Reserve, tracks the overall unemployment rate in France for individuals between the ages of 15 and 74. It provides valuable insights into the employment situation and is used to inform economic policy decisions and monitor the broader economic conditions in France.
Methodology
The data is collected through labor force surveys conducted by the French national statistical agency.
Historical Context
The unemployment rate is a critical indicator for assessing the strength of the French economy and is closely monitored by policymakers, investors, and market analysts.
Key Facts
- The unemployment rate in France was 7.3% as of the latest data.
- France's unemployment rate has declined steadily since the peak of the COVID-19 pandemic in 2020.
- Youth unemployment (ages 15-24) remains a persistent challenge in France, hovering around 17%.
FAQs
Q: What does this economic trend measure?
A: The Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for France measures the percentage of the French labor force aged 15 to 74 who are unemployed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of the health of the French labor market and economy. It is closely watched by policymakers, economists, and market analysts to assess economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through labor force surveys conducted by the French national statistical agency.
Q: How is this trend used in economic policy?
A: The unemployment rate is a critical metric used by the French government, the European Central Bank, and other institutions to monitor economic conditions and guide policy decisions related to employment, taxation, and social welfare programs.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 1-2 months. There may be revisions to previous months' data as more information becomes available.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for France (LRUN74TTFRQ156S), retrieved from FRED.