Hollande has plummeted from 55% to 44% in approval ratings since the last poll taken a month ago. Prime Minister Jean-Marc Ayrault lost nine points.
Some 47% of those asked in the poll now find Hollande “unfavourable”, a score 10 points up from last month. He received eight points less in the “somewhat likeable” column, and lost three points from “very likeable”.
Predecessor Nicolas Sarkozy was rating at 61% in approval figures at this point into his presidency five years ago.
The poll also rated France’s most popular politicians, with former Prime Minister Francois Fillon coming first with 53%, Christine Lagarde with 52%, former Foreign Minister Alain Juppé with 51%.
Sarkozy came eighth in the poll with a 43% popularity rating, 1% down on last month.
Commenting on the polls Ayrault said: “I understand the impatience... I am committed along with my government to the battle, and I mean battle, and it’s an everyday battle.
“There’s no need to up a gear, we just need to continue with the determination and good will that we started with.”