Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Arnie sets green example in Paris

Read more

THE DEBATE

One Planet Summit: The switch to renewable energy - who's going to pay?

Read more

FOCUS

Spain's Tagus river is drying up

Read more

ENCORE!

Paris, the capital of street art?

Read more

BUSINESS DAILY

What is green finance?

Read more

IN THE PAPERS

Is This Bear a Victim of Climate Change? Maybe, But Maybe Not

Read more

IN THE PAPERS

One Planet Summit: Hop on that green bike, Emmanuel!

Read more

YOU ARE HERE

France's Cathar region: Relics of the Middle Ages in the Pyrenees

Read more

EYE ON AFRICA

AU warns 6,000 jihadists could return to Africa

Read more

France

French unemployment hits 12-year high in December

Text by News Wires

Latest update : 2012-01-25

French government figures show the number of jobseekers in France rose by 29,700 in December to reach 2.87 million, the highest level since 1999, in further bad news for President Nicolas Sarkozy ahead of elections in the spring.

AFP - French unemployment rose again in December with the number of registered jobseekers increasing by 29,700 to reach 2.87 million, the labour ministry said on Wednesday.

The number of jobseekers in France had hit its highest level since 1999 in November, with 2.84 million registered.

The December figure was one percent higher than in November and 5.6 higher than in December 2010.

Facing a tough election battle in three months, President Nicolas Sarkozy has vowed to tackle growing joblessness in the French economy, hit by the eurozone debt crisis.

At a summit this month, he announced 430 million euros ($558 million) worth of new measures to encourage struggling firms to keep workers on and to retrain them.

Before his election in 2007, Sarkozy vowed to lower joblessness to five percent, but the unemployment level hit 9.3 percent in the third quarter of last year and is on track to surpass 10 percent.
 

Date created : 2012-01-25

  • FRANCE - ECONOMY

    Budget for 2012 most rigorous since WWII, says PM

    Read more

  • FRANCE

    Sarkozy calls unions, labour leaders for crisis talks

    Read more

  • FINANCE

    How S&P’s downgrade will impact France

    Read more

COMMENT(S)