French Unemployment Rises to 10.6%

The French jobless rate rose in the third quarter to 10.6% from 10.3% in the second, French national statistics agency Insee said Thursday.

The figure includes data from continental France and overseas districts. Excluding overseas districts, the unemployment rate in France rose to 10.2% in the third quarter, or 2.9 million people, from 10% in the previous quarter.

The number of people who would like to work but aren’t counted among the ranks of the unemployed was 1.4 million, Insee said, 64,000 fewer than in the third quarter 2014.

Market Watch

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at Visit to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

Craig Erlam

Craig Erlam

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary.

His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News.

Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.