French jobless total jumps

27 Nov, 2009

France's headline unemployment rose 52,400 in October, the largest rise since April, data from the economy ministry showed on Thursday, confirming expectations for a worsening labour market. The monthly data showed the headline jobless total in the eurozone's second largest economy rising to 2.627 million compared with September. That was a 2.0 percent monthly increase and represented a 25.0 percent rise year-on-year.
The data is not prepared according to the widely used International Labour Organisation standards and does not include an unemployment rate. However, it is a politically significant because it is the mostly widely reported domestic jobs indicator.

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