The unemployment rate to 9.6% in Q2, 9.9% with Dom – Boursorama

UNEMPLOYMENT DOWN TO 9.6% IN THE 2ND QUARTER

UNEMPLOYMENT DROP TO 9 2ND qUARTER 6%

PARIS (Reuters) – the unemployment rate as defined by the International Labour Office (ILO) fell by 0.3 points in the second quarter in France to stand at 9.6%, according to data released Thursday by INSEE.

including overseas departments, it also decreased by 0.3 points, to 9.9%.

the unemployment rate in France and touch its lowest level since the fall of 2012 and that recorded in the whole of France falls below the 10% threshold for the first time since third quarter of 2012, outlining the reversal of the unemployment curve, François Hollande made a bid condition in 2017.

in one year, the decline in the unemployment rate reached 0.5 points for Metropolitan France.

Based on the criteria of the ILO, which allows international comparisons, the number of unemployed stood at 2.767 million in France on average in the second quarter, 74,000 people less than in first trimester.

For comparison, the number of job seekers without any activity (category A) registered employment center reached 3,525,700 at end of June.

The decline in the second quarter affected all ages, especially young people (-0.4 point). 25-49 The unemployment rate fell 0.2 percentage points and that of the 50 and over decreased by 0.1 points.

Among the unemployed, the number of people declaring seek employment for at least a year amounts to 1.2 million in the second quarter, noted INSEE. The unemployment rate long term in France stood at 4.3% of the workforce. It is stable in both the quarter and year on year.

This rate varies between 4.2% and 4.3% since early 2014, to the highest since the beginning of this statistical series 2003.

the 15-64 employment rate falls meanwhile up 0.1 points from the January-March period, an increase of 0.5 points over one year at 64.7%, the highest since the end of 2008.

According to INSEE, in the second quarter, the employment rate of 15-64 years in permanent contracts reached 48.8% as in the first quarter with an increase of 0.2 points year on year. One in fixed term contract (CDD) or temporary was 7.4%, up 0.1 points on both a quarter and year on year.

During the quarter, the rate of full-time employment increased by 0.1 point to 52.8% (+0.4 points year on year) and one part-time fell 0.1 points to 11.8%, unchanged from the same period a year earlier.

the INSEE has also identified 1.5 million people want a job without being considered as unemployed by the ILO because they are not immediately available or they are not actively looking.

This population, called a “halo unemployment” increased by 29,000 persons compared to the first quarter and 43,000 over the year.

(Myriam Rivet, edited by Marine Pennetier )

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