The percentage of individuals in the labor force who are without jobs but are actively seeking work. A higher number of unemployed persons is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers who have given up looking for work. Therefore, in an economically depressed environment the Unemployment Rate may not reflect the severity of economic conditions accurately.

The headline figures are the nominal and seasonally adjusted percentage of Unemployment Rate. The seasonal adjusted figure provides a more truthful read on France 's employment situation.

Note: Discouraged workers who are not actively seeking work are not included in labor force.

Relevance: Rarely affects markets
Release schedule : 6:45 (GMT); monthly, at the end of the following month
Source of Report: National Institute for Statistics and Economic Studies ( France )
Web Address : http://www.insee.fr/en/home/home_page.asp
Address of release : http://www.insee.fr/en/indicateur/indic_conj/liste_indice.asp
Refer Unemployment and Jobs
AKA : Employment Situation