PARIS: France joblessness rose by 0.2 percent in December. Official statistics have shown that France’s unemployment level hit a new record high in December 2014.
According to official unemployment statistics published. The latest figures were announced at the end of a difficult economic year for France, with 189,100 more people out of work in 2014 than in the previous year.
The European country’s economy is becoming stagnant with only a 0.3-percent gain in last year’s third quarter. Economists believe that France requires a growth rate of about 1.5 percent to generate employment.
Without economic growth we can’t create jobs. For the past three years our economy has grown at an average rate of 0.3 percent whereas we need a rate of 1.5 percent per year to create enough jobs for all,” Bruno Ducoudre, an economist, told the Press TV correspondent in Paris.
