France has not touch bottom. In Europe's second largest economy's unemployment rate rose again, in the last quarter of last year, 10.6% against President francois Mr Lande "rollout a controversial Labour market reform put new pressure.
National statistics institutions Insee said, and unemployment rises 0.3%, from 10.3% in the third quarter of 2012.
In a global economic slowdown has high debt concerns drive the whole of Europe's unemployment rate. Although the French avoided by far the most serious crisis, its high and rising unemployment, shows that its economy is in trouble.
Its gross domestic product (GDP) in the past four quarters of three has shrunk, some predict economy will enter a new round of recession in the first part of this year. Technical definition of a recession is two consecutive quarters of negative growth, but economists say, French high unemployment has a recession. The unemployment rate also often behind economic growth, this rate is likely to continue to rise.
France's unemployment rate has been rising steadily several quarter decline, since last year. It is higher than at any time since 1999.
Mr Lande has promised to this year's unemployment rate stop rising, and rolled out Wednesday's Labour market reform is in the center of these efforts.
France's rigid Labour laws and regulations make it hard to dismiss workers, even in difficult economic times, has long been employers don't want to hire more people. Even in good times, France structural employment has remained high.
Mr Lande hope to loosen the rules, and at the same time remain strong worker protection, French people think that their way of life's heart. The new plan will be in financial difficulties of the company to provide more agile working hours and salary. The government hopes that will help enterprises to tide over the difficulties, not closing factories or shift production to countries cheap labor force.
France's leading employers group and the three top union negotiation compromise, 1 month, it became a draft law on Wednesday, the cabinet meeting. Two tough against trade union, said it was too generous boss.
The bill now Mr Lang's socialist party in parliament dominated, and the government in the hope that it can be in April.
 
 
 



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