Don't miss

Replay


LATEST SHOWS

ENCORE!

The Best of the 2018 Cannes Film Festival

Read more

ENCORE!

Cannes 2018: and the Palme d’or goes to....

Read more

ENCORE!

Cannes 2018: Lebanese film 'Capharnaum' wows critics

Read more

EYE ON AFRICA

Ebola outbreak in DR Congo: vaccinations to start on Sunday

Read more

MEDIAWATCH

The Royal wedding: Pomp & controversy

Read more

ENCORE!

Cannes 2018: John Travolta brings the mob to the red carpet

Read more

THE WORLD THIS WEEK

Summit or No Summit: North Korea angry over military drill

Read more

DOWN TO EARTH

Could thawing permafrost unleash long-gone deadly viruses?

Read more

FRANCE IN FOCUS

French and noble in 2018: What remains of France's aristocracy?

Read more

France

Unemployment rises 0.9% in February, France says

© afp

Text by FRANCE 24

Latest update : 2014-03-27

French unemployment rose 0.9% in February, the labour ministry announced Wednesday, with almost 3.35 million now out of work. The new numbers are more bad news for President François Hollande, who is already under fire over France's stagnant economy.

The ministry said that the number of people registered as out of work reached a record 3,347,700 in mainland France, up 0.9 percent over the previous month and 4.7 percent over the year.

Hollande has struggled to breathe new life into the eurozone’s second-biggest economic engine and keep his oft-repeated promise to get unemployment falling by the end of last year.

Acknowledging that more needed to be done to get companies hiring, Hollande announced a more business-friendly policy shift in January, including plans for corporate tax breaks in exchange for hiring commitments.

He promised to phase out by 2017 some €30 billion in the charges companies pay to finance family benefits on the condition that they accept elevated targets for hiring and investing.

Hollande’s failure to tame unemployment has driven his approval ratings to record lows for a president in modern France.

The labour ministry has stressed that there was a clear slowdown in the rise of unemployment over the course of 2013, with new monthly jobless claims much lower towards the end of the year than they had been at the start.

Some 177,800 people joined the jobless register in 2013, down from 283,800 in 2012, the ministry said.

(FRANCE 24 with REUTERS)

 

Date created : 2014-03-26

  • FRANCE

    Hollande’s jobless vow broken as claims hit new record

    Read more

  • FRANCE

    Hollande's popularity hits new low of 15%

    Read more

  • FRANCE

    French jobseeker posts CV on motorway billboard, gets job

    Read more

COMMENT(S)