French jobless rate soars highest since 1999

French jobless rate soars highest since 1999

PanARMENIAN.Net - The number of jobless people in France rose for the eleventh-month running in March to hit the highest level since September 1999, Reuters reported.

The labor ministry data released on Thursday, April 26 showed the number of registered jobseekers in mainland France rose by 16,600 in March to 2.88 million, up 0.6 percent on the month and 7.2 percent on the year.

The increase was the latest reminder of how weak the labor market remains in the euro zone's second-biggest economy ahead of a May 6 presidential election.

The monthly labor ministry data is the most frequently reported domestic jobs indicator for France, although it is not prepared according to widely used International Labour Organisation (ILO) standards nor expressed as an unemployment rate of number of job seekers compared to the total work force.

 Top stories
He had long been in poor health, suffering from heart and respiratory problems, high blood pressure and diabetes.
"I am hearing that our enemies want to drag Iran into war ... Our answer to any military action will be very tough", Khamenei said.
Tsarnaev is likely to be moved to a federal prison in Terre Haute, Indiana, to await execution, but there could be years of appeals.
The measures are also expected to introduce banning orders for extremist organizations who use hate speech in public places.
Partner news