Jobless figures drop in France

UNEMPLOYMENT in France unexpectedly dropped for a second month in November, a sign that prospects for faster growth are encouraging companies to take on additional staff.

The number of jobseekers fell by 7,000 to 2.62m, according to International Labour Organisation calculations, said Insee, the Paris-based national statistics office. That lowered the unemployment rate to 9.6% from 9.7%, the highest in more than three years.

France’s improving labour market mirrors that of Germany, Europe’s largest economy, where unemployment has fallen for three consecutive months. Manufacturers are stepping up production to keep pace with increasing exports to China and the US. The European Commission expects both economies to grow by at least 1.6% next year after stagnating in 2003.

“Gradually things are improving, though it’s a cautious, fragile improvement,’ said Denis Pennel, a spokesman for Manpower Inc, France’s second-largest temporary employment company.

Manpower found in a December survey that more companies are considering

More in this section

The Business Hub

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day.

News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up

Our Covid-free newsletter brings together some of the best bits from, as chosen by our editor, direct to your inbox every Monday.

Sign up