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ORIGINAL FRENCH ARTICLE: Chiffres du chômage : nouveau record en décembre

by anonymous

French Unemployment Hits New Record Level in December

Translated Friday 27 January 2012, by Gene Zbikowski and reviewed by Gene Zbikowski

Unemployment continued to rise in France in December, reaching the highest level since September, 1999, according to figures published on January 25 by the Ministry of Labor and the unemployment agency, Pôle Emploi.

The number of category A jobseekers (those who have no economic activity) increased by 29,700 (up 1.0%) last month in continental France, to reach 2,874,500. Over a year, the rise is 5.6%

When category B and C jobseekers (those exercising limited economic activity) are added, the number of jobseekers increased by an additional 25,900 people (up 0.6%) to hit 4,270,700. Over a year, the rise amounts to 5.6%.

When French overseas départements are included, the number of jobseekers rises to 4,537,800, a sensitive figure three months before French presidential elections. The rise was particularly marked among people aged 50 and more, and to a lesser degree, among the under-25s.

In category A, the number of under-25 jobseekers increased by 1.3% (up 2.8% over a year) as against a 0.7% increase among those aged 25-49 (a 3.2% increase over a year), and by 2.0% among the over-50s (up 2.5% over the year).

In categories A, B and C, the figure increased by 0.5% for the under-25s (up 2.5% over the year), by 0.4% among those aged 25-49 (up 3.5% over a year) and by 1.5% among the over-50s (up 15.5% over a year).

The number of long-term unemployed (on the rolls for a year or more) increased at the same rate as the rest of the unemployed, that is, up 0.6% for categories A, B and C (up 6.2% over a year) as against up 0.6% (up 5.2% over a year).

At the same time, the number of job offers fell by 5.5% in continental France. The French statistical bureau, the INSEE, announced on December 1 that the unemployment rate as defined by the International Labor Organization (ILO) had increased by 0.2% in the third quarter to 9.3% in continental France (by 9.7% if the overseas départements are included).

In its note on the economic situation published on December 15, the French statistical bureau forecast that the unemployment rate could go over 10% for all of France by June, 2012.

There were 152,000 more category A jobseekers in 2011 than in 2010, and 225,200 more when category B and C jobseekers are included.

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