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France EUR

France Unemployment Rate

Impact:
Medium
Source: INSEE, France

Latest Release:

Date:
Actual:
7.4%
Forecast: 7.4%
Previous/Revision:
7.3%
Period: Q1

Next Release:

Date:
Forecast: 7.5%
Period: Q2
What Does It Measure?
The unemployment rate in France measures the percentage of the labor force that is currently without work but actively seeking employment. This indicator primarily focuses on the employment conditions within the national economy, assessing key areas such as labor market health and economic activity.
Frequency
The unemployment rate is released quarterly, with data typically published around the 15th of the month following the end of the quarter.
Why Do Traders Care?
Traders monitor the unemployment rate as it serves as a critical gauge of economic health, impacting investor sentiment and financial market dynamics. Higher-than-expected unemployment rates may signal economic distress, negatively affecting currencies, stocks, and bonds, while lower rates generally foster confidence and positive market movements.
What Is It Derived From?
The unemployment rate is calculated based on data collected through labor force surveys, which include a sample of households and individuals actively seeking work. It is derived from the number of unemployed individuals as a percentage of the total labor force, employing standardized methodologies recognized internationally.
Description
The unemployment rate is often subject to both preliminary and final reports; preliminary figures are based on early estimates and may be revised as more complete data becomes available, whereas final figures provide a more accurate representation. The financial markets may react strongly to preliminary data due to its timely release, although final data can also lead to notable adjustments in market perceptions.
Additional Notes
The unemployment rate serves as a lagging economic indicator, reflecting trends in job creation and economic cycles. It is often used in conjunction with other economic measures, such as GDP growth and inflation rates, to provide a comprehensive overview of national economic performance.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bearish for EUR, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
7.4%
7.4%
7.3%
7.3%
7.5%
7.4%
-0.2%
7.4%
7.4%
7.3%
7.3%
7.5%
7.5%
-0.2%
7.5%
7.4%
7.5%
0.1%
7.5%
7.4%
7.5%
0.1%
7.4%
7.3%
7.2%
0.1%
7.2%
7.1%
7.1%
0.1%
7.1%
7.1%
7.1%
7.2%
7.3%
7.3%
-0.1%
7.3%
7.3%
7.4%
7.4%
7.3%
7.3%
0.1%
7.3%
7.4%
7.4%
-0.1%
7.4%
7.8%
8%
-0.4%
8.1%
7.8%
8%
0.3%
8%
7.9%
8.1%
0.1%
8.1%
8.1%
8%
8%
9%
9.1%
-1%
9%
7.9%
7.1%
1.1%
7.1%
8.3%
7.8%
-1.2%
7.8%
8.4%
8.1%
-0.6%
8.1%
8.5%
8.5%
-0.4%
8.6%
8.4%
8.5%
0.2%
8.5%
8.7%
8.7%
-0.2%
8.7%
8.9%
8.8%
-0.2%
8.8%
9.1%
9.1%
-0.3%
9.1%
9.2%
9.1%
-0.1%
9.1%
9.2%
9.2%
-0.1%
9.2%
8.8%
9%
0.4%
8.9%
9.7%
9.6%
-0.8%
9.7%
9.7%
9.5%
9.5%
9.5%
9.6%
9.6%
9.9%
10%
-0.3%
10%
9.7%
10.1%
0.3%
10%
9.8%
9.9%
0.2%
9.9%
10.1%
10.2%
-0.2%
10.2%
10.3%
10.2%
-0.1%
10.2%
10.5%
10.4%
-0.3%
10.6%
10.4%
10.4%
0.2%
10.3%
10.3%
10.3%
10.3%
10.7%
10.4%
-0.4%