French unemployment remains stable.
June 24th, 2010 | 
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The French unemployment rate in the first quarter of this year remained stable. The end of the worst recession since the Second World War, has a positive effect on unemployment. The unemployment rate remained unchanged from the rate of 9.9% in the last quarter of 2009. These data are published by Institut National de la Statistique et des Etudes Economiques (INSEE). Economists had to forecast an unemployment rate of 10.1%.Support requests
The unemployment rate for the first time since the global financial crisis in 2008 has remained stable. INSEE said the unemployment rate in the fourth quarter of 2009 by 0.1% down. The number of requests for aid was in April, highest in four years: 2,680,000. In two of the last five months, the number of aid applications fell, while employment increased. This development implies that unemployment in the coming peak months, as expected the government.
Active Population
The percentage of people aged 15 to 64 years who works in the first quarter from 0.3% to 63.8%. The increase is due to an increase in the number of temporary contracts. The number of permanent contracts continues to decrease.
French unemployment rate
The number of unemployed, up from 4,000 in the first three months of this year. INSEE, the figures for the previous quarter, down from 145,000 to 106,000. The French unemployment rate began to rise when the country fell into recession in 2008. The Ministry of Finance provides 71,000 jobs this year. In 2009, 373,000 jobs were lost. Producers like a Sodimatex, auto part manufacturer, PSA Peugeot Citroen cut jobs in France and Eurocopter. The government of President Nicolas Sarkozy refused to replace the retired officers.
French unemployment rate
The unemployment rate, excluding overseas territories in the first quarter remained stable at 9.5%. In the last quarter of last year, this rate is also revised 9.5%, according to INSEE. The Bureau of Statistics reported initial rate of unemployment of 9.6% for mainland France. INSEE originally planned a total unemployment rate of 10% for the fourth quarter.
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