Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Kenyan chief justice says judges are receiving 'aggressive' threats

Read more

MEDIAWATCH

Multilateralist Macron is the anti-Trump at UN General Assembly

Read more

FOCUS

Rio mired in economic crisis a year after hosting Olympics

Read more

ENCORE!

Elizabeth Strout: 'There’s something emotionally truthful about my characters'

Read more

THE INTERVIEW

Polish foreign minister: Macron's comments on Poland 'were not necessary'

Read more

THE OBSERVERS

The controversial colonial statue in Senegal; and the centuries-old town in Turkey being destroyed by the govt

Read more

BUSINESS DAILY

End of an era: Toys 'R' Us files for bankruptcy

Read more

IN THE PAPERS

'We aren't ready' for a second vote in Kenya and flip-flopping on climate change

Read more

IN THE PAPERS

Another Hurricane? It's Maria's turn. And, when's your printer going to stop working?

Read more

France

French unemployment rate nears 1997 record high

Text by News Wires

Latest update : 2013-03-26

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.

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)

 

Date created : 2013-03-26

  • FRANCE

    French joblessness climbs to highest rate since 1999

    Read more

  • EUROZONE

    Eurozone unemployment reaches record high

    Read more

  • FRANCE

    French unemployment level hits 15-year high

    Read more

COMMENT(S)