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It's another new record for France's jobless total

Published: January 28, 2015
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Source: The Local

There was more bad news on the job front for France on Tuesday as the latest official statistics showed that the jobless total continues to creep ever higher, setting new records in the process.

The number of jobless in France hit a new record in December with official statistics published on Tuesday showing 3.496 million people claiming unemployment benefits.

The figures showed a rise of 8,100 people on the jobless queue compared with the previous month, a rise of 0.2 percent on the month.

Overall in 2014, there were 189,100 more people out of work than in the previous year, a gain of 5.7 percent.

President Francois Hollande has pledged not to seek re-election in 2017 if he fails to bring down stubbornly high unemployment.

France's economy is barely growing, showing a gain of just 0.3 percent in the third quarter of last year.

The government in Paris is banking on a lower oil price and a weaker euro - which makes exports cheaper - to kick-start the economy and is banking on 0.4 percent growth for the whole year.

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