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Unemployment figures released in France

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Unemployment figures released in France

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France’s jobless total continued to rise in February, but at a slower pace than the previous month.

The number of jobseekers went up by point one of a percent – thats around 3, 300 people.

That means 2, 667 and 900 people are out of work and looking for a job.

The figure went up by point 7 percent in January.

The government’s jobless data is not prepared according to the widely used International Labour Organisation standards, but it is politically significant as the most widely reported domestic jobs indicator.

France’s rising jobless total is a politically sensitive issue and was one of the key factors behind the heavy electoral defeat suffered by President Nicolas Sarkozy’s centre-right UMP party in this month’s regional elections.

Hundreds of thousands of people took part in protests earlier this week to voice concern at increased job cuts and wage stagnation.