The number of people out work in France rose by just 300 in December.
That marks a pause after 19 straight months of bigger increases, but the total is still stuck close to its highest in almost 15 years.
The latest Labour ministry data showed that the number of registered job seekers in mainland France stood at just over three point one million.
France needs the economy to grow by 1.5 to 2.0 percent this year to make serious inroads on the dole queues but the latest IMF forecast is for growth of just 0.3 percent.
Analyst Mathieu Plane, with the private think tank OFCE, told euronews: “The main reason for the increase in unemployment in France is mainly cyclical growth is too weak to power job creation and reduce unemployment. It is a long way off the level that would reverse the unemployment trend, in other words a level which would create enough new jobs to absorb people coming into the labour force and reduce unemployment. “
The French government is spending two point three billion euros to create 100,000 jobs in the public sector and 50,000 private sector jobs by next year.
Labour Minister Michel Sapin said this is a battle that will take time to win, and he made the political point that the job situation was bad for a long time before the current government was elected.
Our Paris correspondent Giovanni Magi concluded: “The French government says employment is its priority. But everything suggests that, even if government policy is effective, there’s still a long way to go before they come out of the economic crisis.”
Copyright © 2014 euronewsMore about:
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Sweden becomes first EU country to recognise the Palestinian State | euronews, world news
- 3Italy swamped by flash floods | euronews, world news
- 4Back to School for Romania’s new First Lady | euronews, world news
- 5What will you ask US Senator John McCain? | euronews, world news
- 6Turkish president Erdogan unveils his new palace of a thousand rooms | euronews, world news
- 7India PM Modi appoints Yoga minister | euronews, world news
- 8[Live] Rosetta’s Philae lands on comet 67P and enters the history books | euronews, world news
- 9Vladimir Putin most powerful man in the world – Forbes | euronews, world news
- 10European e-revolution people rise up | euronews, world news
- 11International tv news | euronews: European and International tv news bulletin
- 12Where is the best place in Europe for women? | euronews, world news
- 13Nadia Comaneci: gymnast of perfection and defector | euronews, the global conversation
- 14Putin plans to leave G20 talks early amid Ukraine pressure | euronews, world news
- 15Transcript of hanged Iranian woman’s final message released | euronews, world news
- 16US says ISIL makes $1 million-a-day selling oil – even to enemies | euronews, world news
- 17Syria: Islamic extremists pledge to press ahead with battle for Kobani | euronews, world news
- 18International news | euronews, latest international news
- 19Anti-immigration protests in Rome | euronews, world news
- 20Portugal: Ex-PM José Socrates held in corruption probe | euronews, world news
Wires > Business
- 18:39 CET Syria’s government spending to increase by 12 percent in 2015 -…
- 18:35 CET Italian media say EU to approve Rome’s 2015 budget
- 18:12 CET Mexico cuts 2014 growth forecast after surprisingly weak third…
- 17:43 CET Saudi Mobily suspends CEO after results shock
- 16:27 CET Tesla says in talks with BMW over car batteries, parts
- 16:07 CET Iran to push for Saudi oil output cut at OPEC – Mehr news agency
- 16:02 CET UAE’s Abraaj says raises offer price for Egypt’s Bisco Misr
- 15:38 CET Exclusive: China ready to cut rates again on fears of deflation -…