Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

France's Plan to Tackle Racism

Read more

THE WORLD THIS WEEK

Marine Le Pen and Thomas Piketty in Time magazine's power list; EU takes on Google; Gunter Grass dies (part 2)

Read more

THE WORLD THIS WEEK

Deadly Crossing: Migrants desperate to reach Europe; Abadi in Washington (part 1)

Read more

EYE ON AFRICA

Xenophobic attacks in South Africa: anti-violence marches and anti immigration protest

Read more

FRANCE IN FOCUS

French PM outlines action plan against racism, anti-Semitism

Read more

REPORTERS

Turkey’s hidden Armenians search for stolen identity

Read more

REVISITED

Families of slain Marikana miners still demanding justice

Read more

#TECH 24

Europe vs. Google: EU accuses search giant of market dominance abuse

Read more

#THE 51%

Women in America: Land of the free, home to the less-paid

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)