Unemployment falls to 8.0 percent in June

31st July 2007, Comments 0 comments

PARIS, July 30, 2007 (AFP) - French unemployment decreased to 8.0 percent of the workforce in June, preliminary figures released Monday by the economy, finance and unemployment ministry showed.

PARIS, July 30, 2007 (AFP) - French unemployment decreased to 8.0 percent of the workforce in June, preliminary figures released Monday by the economy, finance and unemployment ministry showed.

The seasonally-corrected result, which saw the number of jobless fall by 24,500 bore witness to a "real improvement of the situation in the labour market," Economy Minister Christine Lagarde said.

France suffers from chronic high unemployment which international observers and French business groups say is partly the result of rigid labour laws that protect workers but discourage employers from hiring.

In June, a total of 1,962,700 people were registered as looking actively for full-time work, falling below the symbolic level of two million.

The figure of 8.0 percent corresponds to standards established by the International Labour Organisation, but would likely be challenged by French associations which accuse the government of removing unemployed workers from national registers.

Results from a government-ordered mission that includes state auditors and social affairs authorities are expected in September.

On July 3, French Prime Minister Francois Fillon reiterated his target of "full employment" by 2012.

Fillon said the government was aiming for an unemployment rate of 5.0 percent of the workforce within the next five years.

AFP

Subject: French news

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