Thursday, March 28, 2013

In France, the number of unemployed approaching 6 year high

The latest data released by the French Ministry of Labour 26, the full number of unemployed registered in mainland France in February qoq increase of 1.84 million people, an increase of 0.6% year-on-year growth of 10.8%. As of the end of February, the number of registered unemployed in metropolitan France consecutive 22 months rose to $ 318.7 million, 319.55 million, which was close to the highest since January 1997.

The number of unemployed, including the semi-unemployed ratio increased 2.65 million to $ 470 million. French Prime Minister Eero announced on the 26th, the Government has decided to set up job centers across the country the 2000 long-term contract jobs.

According to the French National Statistics and Economic Studies predicted that the French economy in the first half of this year will be close to zero growth in the second half of the year is expected modest growth of 0.1%. The fourth quarter of last year, the French economy, decreased 0.3% in the full year of zero growth. Earlier, the French government is expected to last year and this year's economic growth rate of 0.3% and 0.8%, respectively. However, the French central bank expects the first quarter of this year, the French economy growth of 0.1%, will not fall into the situation of two consecutive quarters of shrinking.

For Economic Cooperation and Development (OECD), headquartered in Paris, is expected to France's economic growth this year to 0.3%, the employment situation will continue to deteriorate, to the end of 2013, the unemployment rate will reach 11.25%.

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