Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for France
LFHUADTTFRM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,650,000.00
Year-over-Year Change
1.29%
Date Range
1/1/1983 - 11/1/2023
Summary
The Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for France measures the unemployment rate among working-age adults in France. This key labor market indicator provides insights into the French economy's health and is closely watched by policymakers.
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 unemployment data is harmonized across OECD countries using standardized definitions and methodologies, allowing for international comparisons. The trend represents the share of the French labor force aged 25 and above that is without work but actively seeking and available for a job.
Methodology
The data is collected through household surveys conducted by the French statistical agency.
Historical Context
Unemployment levels are a crucial input for macroeconomic analysis and policy decisions in France and the broader Eurozone.
Key Facts
- France's unemployment rate was 7.2% as of the latest data.
- Unemployment is a key input for monetary and fiscal policy in the Eurozone.
- Harmonized data allows for cross-country comparisons of labor market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly unemployment rate among the French population aged 25 and over, providing a standardized gauge of labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: Unemployment levels are a critical indicator of a country's economic health and a key input for policymakers and market analysts when evaluating the French and broader Eurozone economies.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the French statistical agency.
Q: How is this trend used in economic policy?
A: Unemployment data is a crucial input for monetary and fiscal policy decisions in France and the Eurozone, as policymakers seek to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for France (LFHUADTTFRM647S), retrieved from FRED.