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UNEMPLOYMENT

Unemployment rate in France hits record high

The number of unemployed people in France has reached a record high of 3.22 million, the worst figures since 1997, according to figures released on Thursday.

Unemployment rate in France hits record high
People queue at a Pole emploi (job centre) in September 2012. Photo: Jacques Demarthon/AFP

The much-anticipated jobs figures for March were released by the France's Labour Ministry on Thursday evening, and showed the number of unemployed in the Eurozone's second-largest economy now stands at 3,224,000.

That figure breaks the previous record of 3,195,500, reached in January 1997. France added 36,900 jobseekers in March.

The numbers are a blow, all be it an expected one, for Socialist President François Hollande, who has pledged to curb the unemployment rate from the current level of more than 10 percent to a single-digit figure by December.

Thursday's statistics also mean that the French economy has been steadily adding to its number of unemployed since May, 2008, making March the 58th consecutive monthly rise in the jobless total.

The latest figures come amid a constant drip of bleak economic news in France. 

In something of a sign of the times, last month French Prime Minister Jean-Marc Ayrault announced that 2,000 additional posts had been created at the Pôle Emploi – France’s national employment agency, in order to keep up with the rise in the number of jobseekers.

Earlier last month, the official INSEE statistics agency revealed that France had lost 100,000 private sector jobs in 2012 alone. The same report noted that joblessness had risen to 10.6 percent, its highest rate in almost 14 years. 

A separate INSEE report on March 7th showed the level of unemployment among young people hit 25.7 percent.

Before the announcement of last month's jobless figures, Ayrault had attempted to send out a rallying cry, calling for "a united effort on jobs" in France's National Assembly.

The prime minister invited businesses, local communities and associations to pursue different plans to put the country's economy back on track, including using a variety of contract types, to boost hiring.

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BUSINESS

Unemployment in France falls slightly despite the lockdown

Unemployment in France has fallen slightly, despite the ongoing ravages of the health crisis and consequent lockdown, latest statistics show.

Unemployment in France falls slightly despite the lockdown
Photo: Stephane du Sakatin/AFP

The number of unemployed job seekers in mainland France fell by 0.4 percent in the first three months of 2021, according to figures published by the French Ministry of Labour on Tuesday.

There were 3,560,600 unemployed registered at the Pôle Emploi (unemployment office), 12,200 fewer than during the last three months of 2020.

This follows a 2.7 percent fall in the final three months of 2020 – but the rate is still up 6.8 percent compared with the first three months of 2020, before Europe began to feel the economic impact of the Covid pandemic.

Currently all ‘non essential’ shops in France have been closed since April 3rd, while bars, restaurants, cafés, gyms, cinemas, theatres, museums and tourist sites have been closed since October 2020.

Despite the fall the total number of job seekers, the number of people who were in work but with reduced hours was up by 0.8 percent at the start of 2021, to 2,156,300.

That means that in total 5,716,900 people in mainland France were registered with Pôle emploi during this period, an increase of 4.9 percent compared with a year ago.

“Over the course of 2020, in one year, unemployment rose by 8 percent. This is obviously a lot, but we must remember that during the crisis of 2008-2009, unemployment leapt by 25 percent, so we can see that the government assistance is working,” Minister of Labour Élisabeth Borne told BFMTV on Tuesday.

The French government has put together a huge package of economic aid to try and mitigate the effects of the repeated lockdowns, from chômage partiel (furlough) schemes for employees to aid packages for business owners and the self-employed. But many small retailers have been hit hard by the three periods of closure for non-essential shops, while the tourist, leisure and hospitality sectors have also had a devastating year.

The economic downturn linked to the pandemic has disproportionately affected young people in France.  Across all categories of job seekers (unemployed and with reduced hours), the latest figures show a rise of 7.1 percent in a year for those under 25, compared to 4.5 percent for the 25-29 age range, and 4.8 percent for those aged 50 and over.

Men are also more likely to have signed up to Pôle emploi, with a 6.1 percent increase on last year, compared to a 3.8 percent increase among women.

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