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Mainland France unemployment dips below 10%

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By Euronews
Mainland France unemployment dips below 10%

<p>The unemployment rate in mainland France has edged down below 10 percent for the first time since early 2014 offering some evidence that the labour market may be turning a corner.</p> <p>It was at 9.9 percent of the workforce between January and March and also in revised totals for the final three months of last year.</p> <p>The rate including French overseas territories remained at 10.2 percent for both those quarters. </p> <p>And the number of people who had been registered as out of work for more than one year again rose towards record levels at 1.23 million. </p> <p>French President Francois Hollande has said he will not stand for re-election in 2017 unless there is a sustained fall in unemployment this year.</p> <blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">French Unemployment Rate stabilized at 10.2% in 1Q <span class="caps">BUT</span> in 2013 the UR for Eurozone was 2 full ppts >France. (via AP) <a href="https://t.co/7DJAcZJDtb">pic.twitter.com/7DJAcZJDtb</a></p>— Holger Zschaepitz (@Schuldensuehner) <a href="https://twitter.com/Schuldensuehner/status/733272313534238720">May 19, 2016</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <p><strong>See also:</strong> <a href="http://www.euronews.com/2016/03/15/french-gdp-not-seen-as-enough-for-jobs-growth/">French <span class="caps">GDP</span> not seen as enough for jobs growth</a></p> <p><a href="http://www.insee.fr/fr/themes/info-rapide.asp?id=14">Full figures from the statistics institute – in French</a>"</p>