ILO Unemployment

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).

Most recent - Tuesday 11 February 2025 06:30

Previous
7.4%
Revised
-
Forecast
7.5%
Actual
7.3%

Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.

Trading range

Forecast history

The most recent announced value for ILO Unemployment was 7.3% against a forecast of 7.5%.

Past events

Date
Forecast
Actual
Tuesday 11 February 2025 06:30
7.5%
7.3%
Wednesday 13 November 2024 06:30
7.4%
7.4%
Friday 9 August 2024 05:30
7.5%
7.3%
Friday 17 May 2024 05:30
7.4%
7.5%
Tuesday 13 February 2024 06:30
7.4%
7.5%
Wednesday 15 November 2023 06:30
-
7.4%
Friday 11 August 2023 05:30
7.1%
7.2%
Wednesday 17 May 2023 05:30
7.1%
7.1%
Tuesday 14 February 2023 06:30
7.3%
7.2%
Tuesday 15 November 2022 06:30
7.3%
7.3%
Friday 12 August 2022 05:30
7.3%
7.4%
Tuesday 17 May 2022 05:30
7.4%
7.3%

Economic context

Recent economic data has been moderately bullish for EUR. Other recent announcements which may affect the market's interpretation of the next ILO Unemployment result:

PreviousLatest
Sentix Investor ConfidenceBullish change-12.7-2.9
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-2.2%-1.6%
Industrial Production s.a. (MoM)Bullish change-1.5%2%
Trade Balance s.a.Bearish change€20.7B€16B
Employment Change (QoQ)(no change)0.1%0.1%
Gross Domestic Product s.a. (QoQ)Bullish change0.1%0.2%
Gross Domestic Product s.a. (YoY)Bullish change0.9%1.2%
Factory Orders n.s.a. (YoY)Bullish change-6.9%-2.6%
Factory Orders s.a. (MoM)Bearish change5.9%-7%
Retail Sales (MoM)Bearish change0%-0.3%
Retail Sales (YoY)Bearish change1.9%1.5%
Producer Price Index (MoM)Bullish change0.5%0.8%
Producer Price Index (YoY)Bullish change0.1%1.8%
Gross Domestic Product (QoQ)Bullish change0%0.1%
Gross Domestic Product (YoY)Bullish change0.5%0.6%
HCOB Composite PMI(no change)50.250.2
HCOB Composite PMIBearish change5150.4
HCOB Services PMIBearish change52.251.1
HCOB Services PMIBullish change54.956.2
Unemployment Rate(no change)6.2%6.2%
Core Harmonized Index of Consumer Prices (MoM)Bullish change-0.9%0.6%
Core Harmonized Index of Consumer Prices (YoY)Bearish change2.7%2.6%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.3%0.5%
Harmonized Index of Consumer Prices (YoY)Bearish change2.5%2.4%
HCOB Manufacturing PMIBullish change46.146.5
HCOB Manufacturing PMIBullish change46.347.4
HCOB Manufacturing PMIBearish change50.949.7
Consumer Price Index (MoM)Bullish change-0.2%0.4%
Consumer Price Index (YoY)(no change)2.3%2.3%
Harmonized Index of Consumer Prices (MoM)Bullish change-0.2%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.8%2.8%
Consumer Price Index (EU Norm) (YoY)(no change)1.7%1.7%
Consumer Price Index (YoY)Bullish change1.5%1.7%
Unemployment ChangeBullish change11K5K
Unemployment Rate s.a.(no change)6.2%6.2%
Consumer Price Index (EU norm) (YoY)Bearish change1.8%0.9%
Retail Sales (MoM)Bullish change-1.6%0.2%
Retail Sales (YoY)Bullish change1.8%2.9%
Business ClimateBullish change-0.92-0.74
Consumer Confidence(no change)-13.6-13.6
Economic Sentiment IndicatorBullish change95.396.3
Harmonized Index of Consumer Prices (YoY)(no change)2.9%2.9%
GfK Consumer Confidence SurveyBearish change-22.4-24.7

About ILO Unemployment

Country:France
Currency:EUR
Source:INSEE
Category:Labor Market
Frequency:Quarterly
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