Latest ILO jobs data for France from stats institute INSEE 18 Aug

  • mainland unemployment change -74k vs -15k exp vs -7k prev revised from -3k
  • ILO mainland unemployment rate 9.6% vs 9.9% exp/prev
  • long term unemployment on this definition was unchanged on both the quarter and year

Lowest Q2 headline reading since 2012 and timely info given Hollande's somewhat strange observations reported earlier.

Historical high for total French unemployment was 11.2% in 1997, low 7.5% in 2008.