France unemployment rate stays firm at 10.1 percent in Q1

Nathan Andrada – Fourth Estate Cooperative Contributor

Paris, France (4E) – The unemployment rate in France stayed flat in the first quarter, according to report data from the statistical agency Insee released Thursday.

The unemployment rate for the metropolitan France and overseas departments stood at 10.1 percent, according to standards by the International Labour Organization. The rate for the final quarter of last year was revised down to 10.1 percent from the initially reported 10.2 percent.

The jobless rate continued to stay at a 15-year high of 10.3 percent recorded in the third quarter of 2013.

In the first quarter, 9.7 percent of the active population in metropolitan France was unemployed, unchanged from the previous quarter.

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