French jobless total drops by 0.8% in January
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The number of jobless people in France fell by 27,900 or 0.8 percent in January, down from a record high reached the previous month.
It is a rare ray of light on the unemployment front for President François Hollande, who has staked his political future on bringing down the jobless rate, which had been stuck at 10.6 percent. He has promised not to seek re-election in 2017 if the curve has not been reversed by then.
The number of jobseekers in the Labour Ministry’s category A measure -- those registered as looking for work and who have no employment at all -- stood at 3,552,600 in January, still up 1.8 percent over a year, it said in a statement.
The jobseeker number is the most closely watched gauge of unemployment in France.
(FRANCE 24 with REUTERS)