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
"It will be broken and defeated, just as all your previous campaigns were broken and defeated," Abu Muhammad al-Adnani said.
The team said they had also been barred from completing work at some sites to which they had been initially admitted.
"The terrorist organization Islamic State is a threat to public safety in Germany as well," said Interior Minister Thomas de Maiziere.
Until recently, India had largely seen itself as beyond the recruiting territory of international jihadists like al Qaeda.
Partner news
Soghomon Tehlirian assassinated Talaat Pasha on March 15, 1921

Operation Nemesis was a covert operation by the Armenian Revolutionary Federation carried out from 1920 to 1922, during which a number of former Ottoman political and military figures were assassinated for their role in the Armenian Genocide.