Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

France’s jobless rate was reported at 7.5% during the first quarter of the year, stable compared to the prior two quarterly periods.

In comparison, a consensus of analyst estimates had pointed to a drop to 7.4%.

The total number of unemployed individuals went up by 6,000 compared to the preceding quarter to 2.3 million, data by INSEE showed.

The jobless rate for people aged 25 to 49 dropped 0.2 percentage points to 6.8% in Q1, while that for persons aged 50 and more increased by 0.1 percentage points to 5.1%.

Meanwhile, the youth unemployment rate in the country, which tracks job-seekers aged between 15 and 24, rose 0.6% to 18.1% in Q1.

The unemployment rate for men went up by 0.1 percentage points to 7.7%, while that for women decreased by 0.1 percentage points to 7.3% in the quarter.

The EUR/GBP currency pair settled 0.33% lower at 0.8549 on Friday. For the week, the minor currency pair retreated 0.48%, as it snapped a two-week streak of gains.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • AUD/USD Dips to $0.6286 Falling Below Its Recent January HighAUD/USD Dips to $0.6286 Falling Below Its Recent January High Key momentsThe AUD/USD has fallen below its recent high and is approaching its 55-day moving average. The EUR/JPY is hovering above its recent low, with a key support zone holding for now, but may be poised for further declines. […]
  • Bentley Systems announces $0.06 quarterly dividendBentley Systems announces $0.06 quarterly dividend Bentley Systems Inc (NASDAQ: BSY), an infrastructure engineering software company, said on Friday that its Board of Directors had authorized a regular quarterly cash dividend of $0.06 per share of common stock.The dividend was kept […]
  • Natural gas futures head for weekly drop on cooler weather outlookNatural gas futures head for weekly drop on cooler weather outlook Natural gas slid on Friday, returning to negative weekly territory, as weather forecasts calling for cooler conditions across large portions of the US next week offset a bullish inventory report by the EIA.Natural gas for delivery in […]
  • Forex Market: EUR/CAD daily trading forecastForex Market: EUR/CAD daily trading forecast Yesterday’s trade saw EUR/CAD within the range of 1.4147-1.4265. The pair closed at 1.4169, losing 0.48% on a daily basis.At 7:12 GMT today EUR/CAD was up 0.06% for the day to trade at 1.4185. The pair touched a daily high at 1.4205 at […]
  • Forex Market: CAD/JPY daily trading forecastForex Market: CAD/JPY daily trading forecast Friday’s trade saw CAD/JPY within the range of 96.19-97.07. The pair closed at 96.59, losing 0.22% on a daily basis.At 7:37 GMT today CAD/JPY was down 0.11% for the day to trade at 96.46. The pair touched a daily low at 96.40 at 4:25 […]
  • Gold retreats on Fed stimulus outlookGold retreats on Fed stimulus outlook Gold fell for the first time in six days as a stronger greenback pushed dollar-denominated commodities down amid expectations that Thursdays U.S. data will back the case that the Federal Reserve will begin tapering its monetary easing program […]