Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

France's jobless rate (finally) drops below 10 percent

Share this article

France's jobless rate (finally) drops below 10 percent
Photo: AFP
10:23 CEST+02:00
France's unemployment rate dropped below 10 percent for the first time since 2012, statistics bureau Insee said Thursday, eight months before presidential elections in which job creation is expected to be a key issue.
Socialist President Francois Hollande has said he will not stand for reelection unless he makes a "credible" dent in joblessness.
   
After stabilising at the start of the year, the unemployment rate fell 0.3 points in the second quarter to 9.6 percent of the working age population. 
The rate rises to 9.9 percent when France's overseas territories are included.
   
The margin of error for the indicator is 0.3 points.
   
The unemployment rate is at the lowest level since the third quarter of 2012.
  
Over the past 12 months it has fallen by 0.5 points, according to Insee.
 
Europe's Leading Job Site for
International Talent - The Local Jobs
Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.

From our sponsors

Change the world with a master's degree from Sweden's Linköping University

Master's students at world-leading Linköping University (LiU) aren't there simply to study. They solve real-world problems alongside experts in fields that can create a better tomorrow. Do you have what it takes to join them?

Advertisement