French unemployment picks up to record high

Source: RTT News
© Scanpix/Reuters
The total number of unemployed people in France reached the new highest level in May of 2014, namely 3.38 million. It means a 0.7% or 24,800 increase on a monthly basis. At the same time, data from the International Labour Organization shows that the jobless rate in France was unchanged in the Q1 at 10.1%, which is still close to the historical highest level of 10.3%.
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