Since 2015, the unemployment rate of young French men has been steadily decreasing, while that of young women, while relatively low compared to 2013, had increased between 2019 and 2020. While the 2008 economic crisis caused financial troubles in all EU member states, impacting companies and banks, studies have showed that the lack of follow-up and the absence of options for young people without diplomas are some of the main causes of youth unemployment in France.
Younger generations are more affected by unemployment
According to the source, the unemployment rate of young French generations reached 29.6 percent in 2019 compared to more than 24 percent three years before. The number appears to be high, as the unemployment rate is the number of unemployed people, available for work, as a percentage of the labor force. If the global unemployment rate of the country increased from 2011 to 2016, it has not reached more than 8.62 percent in 2020. In recent years, younger generations seem to be particularly affected by unemployment in France while the percentage of the working population is decreasing in the country.
The issue of unemployment in France
France has one of the highest unemployment rates in the European Union. Workers seem to be more affected by unemployment compared to employees or managers, while long-term unemployment is more prevalent among the older generations. Thus, for years, the French government has been trying to find solutions to curb the rise in unemployment. The average monthly gross amount of benefits increased slightly since 2011, while the country spent more than 12 million euros for work and employment, which was only the government’s ninth spending area that year.
Youth unemployment rate in France from 2006 to 2020, by gender
The source indicates :"the youth unemployment rate is the number of unemployed 15-24 year-olds expressed as a percentage of the youth labor force. Unemployed people are those who report that they are without work, that they are available for work and that they have taken active steps to find work in the last four weeks."
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OECD. (June 30, 2021). Youth unemployment rate in France from 2006 to 2020, by gender [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/460548/youth-unemployment-rate-france/
OECD. "Youth unemployment rate in France from 2006 to 2020, by gender." Chart. June 30, 2021. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/460548/youth-unemployment-rate-france/
OECD. (2021). Youth unemployment rate in France from 2006 to 2020, by gender. Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/460548/youth-unemployment-rate-france/
OECD. "Youth Unemployment Rate in France from 2006 to 2020, by Gender." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/460548/youth-unemployment-rate-france/
OECD, Youth unemployment rate in France from 2006 to 2020, by gender Statista, https://www.statista.com/statistics/460548/youth-unemployment-rate-france/ (last visited May 25, 2022)