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French Unemployment At New High

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What is a bit worrying is that Hollande thinks the creation of thousands of "none" jobs in local government on short term contracts is a cure for the unwinding of private sector employment. He thinks everyone can be a civil servant. Of even more concern for the unemployed is that it is virtually impossible to get a full time permanent job in France, most jobs are short term contracts. This down to the tight labour laws.

He's in China with my ex-boss Christian Poyau who was moaning recently about how he'd like to give Hollande a good kicking over the 75% tax rate, I hope he takes the opportunity.

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http://www.bbc.co.uk...siness-22301063

'The number of unemployed people in France rose to a fresh high last month, official data shows.

There are now some 3.2 million people seeking work in France, 11.5% more than a year ago and 1.2% more than in February, the labour ministry said.

The number of jobseekers is the highest since records began in January 1996.

The ministry does not express the jobseeker figure as a percentage of the work force, as done by the International Labour Organization.

But it did say the unemployment rate was 10.2% at the end of 2012, and current unemployment had not breached the 10.7% high seen in 1997.

Speaking earlier during a state visit to China, French President Francois Hollande said the government's priority was tackling France's rising unemployment.

"Everything the government does, in every ministry, must be to continue to strengthen the battle for jobs," he told a news conference.

"I want all the French people to unite behind this one national priority."

He has promised to reverse the rise in unemployment before the end of the year.

The figures underline the grave economic problems still haunting eurozone economies, after Spain earlier reported record unemployment amid its continuing recession.'

green shoots all around.

Qu'ils mangent de la brioche.

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How many young french are shoveled off to university?

How many french are on disability?

How many french are 'self employed' on tax credits?

We seem to be world leaders in all three. I doubt french real unemployment is higher than here.

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How many young french are shoveled off to university?

How many french are on disability?

How many french are 'self employed' on tax credits?

We seem to be world leaders in all three. I doubt french real unemployment is higher than here.

The French government does have one neat trick up its sleeve: it's called 'London'.

(What I mean: a lot of the French youth pack their bags and move to Londres to find work. I've read estimates of 400k living in London. Which knocks a lot off the French unemployment stats).

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green shoots all around

Indeed.

In the UK last spotted around 2009 during the scorched earth (pile the debt on) economy. No doubt they'll briefly reappear before the next general election as well.

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The French government does have one neat trick up its sleeve: it's called 'London'.

(What I mean: a lot of the French youth pack their bags and move to Londres to find work. I've read estimates of 400k living in London. Which knocks a lot off the French unemployment stats).

This urban myth refuses to die.

116,000 French-born people in the whole of the UK in 2011 according to the ONS. LINK.

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This urban myth refuses to die.

116,000 French-born people in the whole of the UK in 2011 according to the ONS. LINK.

Point 1:

The link you cite talks of which country people were born in - not what their nationality is. Big difference. A lot of French nationals were born in North Africa, for example, so in the data that you quote, they would be counted as Africans.

Point 2:

Official French stats are 123,306 registered French citizens in the whole of the UK in 2011 - that's people who will have been in touch with the French embassy.

So the real number is going to be a lot higher - all the zillions of twenty-year-olds who've come over to work for a few years will never need to contact the local embassy.

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Point 1:

The link you cite talks of which country people were born in - not what their nationality is. Big difference. A lot of French nationals were born in North Africa, for example, so in the data that you quote, they would be counted as Africans.

Exactly, in part of North & East London there are thousands of Algerians and to a lesser extent Moroccans who hold French nationality but prefer to live here as they find life more amenable in England. Furthermore, according to this BBC article the French consulate estimates there's 300-400K French citizens in London.

http://www.bbc.co.uk/news/magazine-18234930

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The French government does have one neat trick up its sleeve: it's called 'London'.

(What I mean: a lot of the French youth pack their bags and move to Londres to find work. I've read estimates of 400k living in London. Which knocks a lot off the French unemployment stats).

Yep. And I think they're all living round our way, Ladbroke Grove.

Traditionally, the French always used to live in South Kensington. Seems that they've crowded themselves out of there and are spreading outwards. A French nursery opened up here and is doing a roaring trade, as is a French primary school.

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  • 243 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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