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.
Date created : 2013-03-26