ILO Unemployment

Actual
7.3%
Previous
7.4%
Forecast
7.3%

The ILO Unemployment Rate released by INSEE is the number of unemployed workers compared to all the active workers in the economy. If the number rises, it indicates a lack of expansion within the French labor market and thus a weakening in the economy. Normally, a decrease in the figure is seen as positive (or bullish) for the Euro, while an increase is seen as negative (or bearish).

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