http://www.france24.com/en/20130326-french-unemployment-rate-nears-1997-record-high-economy
The number of unemployed people in France rose to 3.187 million in February, the labour ministry announced Tuesday, nearly reaching a record high set in January 1997.
By News Wires (text)
The number of unemployed in France rose by 18,400 in February
to 3.187 million, the labour ministry said Tuesday, a level just shy of a
record reached in 1997.
Unemployment in the eurozone's second largest economy hit its modern day record of 3.195 million in January 1997.
It is a major challenge for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.
The rise in February represents a 0.6 percent month-on-month increase and a 10.8 percent rise annually. The ministry said workers over 50 were the worst hit.
(AFP)
Unemployment in the eurozone's second largest economy hit its modern day record of 3.195 million in January 1997.
It is a major challenge for Socialist President Francois Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.
The rise in February represents a 0.6 percent month-on-month increase and a 10.8 percent rise annually. The ministry said workers over 50 were the worst hit.
(AFP)
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