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French jobless total tops 3 million in blow to Hollande
September 26, 2012 / 4:07 PM / 5 years ago

French jobless total tops 3 million in blow to Hollande

PARIS (Reuters) - The number of jobless people in France rose in August for the 16th month running to breach the psychologically important level of 3 million, putting new pressure on President Francois Hollande’s pledge to bring unemployment down.

Labour ministry data released on Wednesday showed that the number of registered jobseekers in mainland France rose by 23,900 last month to 3,011,000.

The increase, which was up 0.8 percent on one month and 9.2 percent over one year, brought the total to the highest level since June 1999.

The labour ministry data is the most frequently reported domestic jobs indicator for France, although it is not prepared according to widely used International Labour Organisation (ILO) standards nor expressed as an unemployment rate of number of job seekers compared to the total work force.

Hollande’s poll ratings are plunging as he struggles to live up to election campaign promises to bring down surging unemployment in the face of a rash of industrial restructurings.

Reporting by Leigh Thomas; editing by Daniel Flynn, Ron Askew

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