Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Mashujaa day: Kenyatta and Odinga call for peace before election rerun

Read more

THE INTERVIEW

Kurdish referendum a ‘colossal mistake’, says son of late president Talabani

Read more

MEDIAWATCH

The new 30s club: NZ's Jacinda Ardern joins list of maverick leaders

Read more

THE WORLD THIS WEEK

Raqqa, Kirkuk, Xi Jinping

Read more

REPORTERS

The Dictator's Games: A rare look inside Turkmenistan

Read more

#TECH 24

Teaching maths with holograms

Read more

DOWN TO EARTH

Is China exporting its pollution?

Read more

#THE 51%

Are female empowerment adverts actually good for the cause?

Read more

FOCUS

The mixed legacy of 'Abenomics' in Japan

Read more

France

Record 3.22 million jobseekers in France

© AFP

Text by NEWS WIRES

Latest update : 2013-04-25

Unemployment in France surged by 36,900 in March to hit a record 3,224 million, the Labour Ministry said on Thursday, breaking the country’s previous record in 1997, when there were a total of 3.195 million without jobs.

The number of unemployed jobseekers in France surged by 36,900 in March to hit 3.224 million, beating a record set in 1997, the labour ministry said on Thursday.

The previous unemployment record in France, the eurozone's second-largest economy, was in January 1997 when there were 3.195 million jobseekers.

March was the 23rd consecutive month of rising unemployment, as Socialist President Francois Hollande struggles to revive a stagnant economy that is threatened with recession.

The rising joblessness is posing a major challenge to Hollande, who has pledged to curb the unemployment rate to a single-digit figure by December.

The ministry did not provide a current unemployment rate, but said it was at 10.2 percent at the end of 2012 and remained below the 10.8 percent record set in 1997.

When the partially employed and jobseekers in France's overseas territories are included, the figure for March rises to above 5 million.

The number of long-term unemployed – those out of work for a year or more – also hit a historic high in March of 1.89 million.

The ministry said in a statement that rising unemployment is a "heavy trend that our country must reverse," but noted that France's working population had risen by about 3 million people since the record was last set in 1997.

(AFP)

Date created : 2013-04-25

  • FRANCE

    Sacked French workers hold bosses hostage

    Read more

  • FRANCE

    French unemployment rate nears 1997 record high

    Read more

  • FRANCE

    French joblessness climbs to highest rate since 1999

    Read more

COMMENT(S)