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France’s Unemployment Holds at 8.2% After Slight Quarterly Fall

Automatic registration of RSA recipients with France Travail has enlarged the measured labor force and weakened growth has left forecasters expecting the jobless rate to climb.

Overview

  • Insee reported on Tuesday that unemployment in the third quarter of 2026 was 8.2%, a 0.1-point drop from Q2 but 0.4 point higher than a year earlier.
  • About 2.6 million people were classified as unemployed in Q3, a decline of 47,000 from the prior quarter under the ILO-based Insee measure.
  • Young people remain the hardest hit with a 15–24 unemployment rate near 21% even after a 0.5-point quarterly fall.
  • Long-term joblessness rose to 680,000 people (2.1%), an increase of 7,000 on the quarter, and unemployment among those 50 and over edged up to 5.6%, its highest since early 2022.
  • Insee says automatic RSA registration at France Travail explains a large share of the measured rise in unemployment and, combined with weak 2026 growth, analysts forecast about 8.6% by end-Q4 2026 and roughly 9% by end-2027, making the government’s 5% target unlikely.