Number of unemployed people in France declines 0.7% in September

Market news

27 October 2015

Number of unemployed people in France declines 0.7% in September

The French Labour Ministry released its labour market data on Monday. The number of unemployed people in France fell by 0.7% in September. It was the biggest monthly decline since 2007.

The unemployment in France has continued to increase since French President Francois Hollande took office in 2012.

The French government is struggling to bring down unemployment despite a rise in economic growth.

International Energy Agency (IEA) Executive Director Fatih Birol: oil prices could rise from mid-2016 on a lower investment in the oil industry

United Kingdom: GDP, y/y, Quarter III 2.3% (forecast 2.4%)

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