French unemployment dips by 0.4 percent in November
The number of jobseekers in France fell by 15,000 people in November, a slight improvement from October when the country saw its highest monthly rise in two years, statistics released by the ministry of labour showed Thursday.
The 0.4 percent month-on-month drop means that 3.57 million people living in France are without a job.
According to the ministry, the improvement is mainly due to a pick-up in employment among youths under the age of 25 (-1.1 percent), but also among 25-49 year-olds (-0.5 percent). The figures for those aged over 50 worsened, recording an increase of 0.5 percent.
Year-on-year, however, French unemployment is still ticking up, having risen by 2.5 percent in November.
President François Hollande has staked his political future on reducing unemployment, saying he will not stand for re-election in 2017 unless he begins to bring down unemployment that has been on the rise for the better part of a decade.
(FRANCE 24 with AFP, REUTERS)