Unemployment in France
INSEE national statistics agency of France had declared French unemployment rate to a new high of 10.9 percent. The jobless rate has risen to 0.1 percentage points in the last three months from September.
The new statistics being released with add to the current pressure being faced by President Francois Hollande who had raised the issue of Unemployment during elections and had promised to lowering unemployment as his key priorities. Meanwhile, Hollande approval rating had been sliding downwards since he assumed his office.