Économie et social Link

Unemployment in France hit new record in December

Official figures show that at the end of 2014 some 3.496 million people were claiming jobless benefits in France.

La rédaction de Mediapart

This article is freely available.

Unemployment in France hit a new record in December, with official statistics published Tuesday showing 3.496 million people claiming jobless benefits, reports Yahoo! News.

The figures showed a rise of 8,100 people on the jobless queue compared with the previous month, a rise of 0.2 percent on the month.

Overall in 2014, there were 189,100 more people out of work than in the previous year, a gain of 5.7 percent.

President Francois Hollande has pledged not to seek re-election in 2017 if he fails to bring down stubbornly high unemployment.

France's economy is barely growing, showing a gain of just 0.3 percent in the third quarter of last year.

The government in Paris is banking on a lower oil price and a weaker euro -- which makes exports cheaper -- to kick-start the economy and is banking on 0.4 percent growth for the whole year.

Nevertheless, most economists believe that France, the eurozone's second largest economy, needs a growth rate of around 1.5 percent to create jobs.

Read more of this AFP report published by Yahoo! News.