Don't miss

Replay


LATEST SHOWS

THE INTERVIEW

Turkish troops to go further into Syria, says foreign minister

Read more

EYE ON AFRICA

Court ruling expected on Gabon's contested election results

Read more

MEDIAWATCH

Clinton's Comedy Turn

Read more

THE WORLD THIS WEEK

Sarkozy's Populist Pivot, Bahamas Leaks, Syria Truce, Rome Olympic Bid (Part 2)

Read more

THE WORLD THIS WEEK

US Police Shootings: Race relations and the race to the White House (Part 1)

Read more

#TECH 24

Breaking the wall between technology and people

Read more

FRANCE IN FOCUS

Rural France: Challenges and opportunities

Read more

REPORTERS

Video: In Burma, ex-political prisoners struggle to return to normal life

Read more

ENCORE!

Xavier Dolan: Wunderkind of Québecquois cinema

Read more

Business

French unemployment hits new record high

© Photo: AFP | Emmanuel Macron poses at the Economy Ministry shortly after his appointment in August 2014

Text by FRANCE 24

Latest update : 2014-10-24

After a slight improvement in August, the number of jobless in France once again increased in September, reaching a new record high of 3.43 million unemployed, government figures revealed Friday.

Data from France’s labor ministry showed unemployment rose by 0.6 percent last month, after the modest 0.3 rise it experienced in August.

“Let’s be honest, we are failing,” French Labor Minister François Rebsamen told Le Parisien newspaper on Friday in an unusually candid acknowledgement of France's massive unemployment problem.

The figures were published amid declarations by Prime Minister Manuel Valls which suggested the government may seek reforms to the country’s unemployment benefits and work contracts’ system.

In a recent interview in French weekly Les Obs, Valls said he thought France should consider revising existing long-term and short-term contracts in order to merge the two into a single contract system opposed by unions.

Speaking from Brussels at the end of a European Council meeting on Friday, President François Hollande said unemployment could not be checked in a sustainable way unless “economic growth returns in Europe.”

(FRANCE 24 with REUTERS)

Date created : 2014-10-24

  • FRANCE

    The ‘banker’ who would cure France’s ‘three diseases’

    Read more

  • FRANCE

    French economy minister eyes unemployment benefits reform

    Read more

  • FRANCE

    French unemployment dips slightly in August

    Read more

COMMENT(S)