France’s unemployment rate holds steady at 7.5% in the final quarter of 2023

Unemployment Rates in France: A Complex Picture

According to INSEE, the number of unemployed as defined by the International Labor Office (ILO) increased by 29,000 in the fourth quarter from the previous one, reaching 2.3 million people. Despite this, the unemployment rate is only 0.4 points higher than at the end of 2022, which is still significantly lower than its peak in mid-2015 by three more points.

The unemployment rate decreased slightly for 15-24 year-olds but increased slightly for those aged between 25 and 49 years old. However, it remained almost stable for those aged over 50 years old. The rate for women barely changed while that for men increased slightly.

In addition to this information on employment rates, there are links to personal profiles and information on jewelry and spray foam insulation. These additional pieces of content could be organized into separate sections or paragraphs with related topics grouped together.

The long-term unemployment rate also increased very slightly over the quarter to an average of 1.9% of the active population. This represents an increase of only 33,000 people compared to the previous quarter, despite many people being out of work for at least a year.

Despite these challenges, it’s worth noting that long-term unemployment rates remain significantly lower than their levels at the end of both 2019 and 2022.

In conclusion, while there has been a slight increase in both overall and long-term unemployment rates in recent quarters, it’s important to keep in mind that these numbers represent only a small portion of those who may be considered “unemployed” according to various definitions. Further analysis and context are needed to understand the full picture of job market conditions and challenges facing workers today.

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