Latest data released by INSEE - 14 February 2019
- Prior 9.1%
- ILO mainland unemployment rate 8.5% vs 8.8% expected
- Prior 8.8%
- Mainland unemployment change ('000s) -90k vs +22k prior; revised to +18k
Some decent news coming out from France as the labour market continues to show further signs of tightening with the unemployment rate falling to its lowest level since March 2009.
That said, tighter labour market conditions has yet to lead to a substantial boost in wages and inflationary pressures in the region over the past few years. So, carry on as you will.
