Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

France's chronic unemployment problem

Read more

EYE ON AFRICA

Candidates Goodluck Jonathan and Mohamudu Buhari call for calm

Read more

MEDIAWATCH

Anger at mental health stigmatisation after crash allegations

Read more

THE WORLD THIS WEEK

Yemen, the Escalation; France's Three Way Race; Clarkson Shown the Exit (part 2)

Read more

THE WORLD THIS WEEK

Germanwings Crash; Co-pilot 'hid illness' on crash day (part 1)

Read more

#THE 51%

The extraordinary tale of the Egyptian mother who lived as a man

Read more

REPORTERS

Video: San Cristobal, Venezuela's tinderbox

Read more

FOCUS

Portugal: Anger at corruption scandals, one year after bailout

Read more

YOU ARE HERE

Bistronomy: Stylish and simple eating

Read more

France

Unemployment rises 0.9% in February, France says

© afp

Video by Jennifer LUSH

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)