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French unemployment rate rises to 10.2 pct in Q2

(Xinhua)

10:47, September 07, 2012

PARIS, Sept. 6 (Xinhua) -- France's jobless rate hits 10.2 percent in the second quarter of 2012, the national statistic agency Insee said on Thursday in its latest report.

In mainland France, with 2.8 million unemployed people, 9.7 percent of the active population was unemployed, equaling the high level last seen in 1999.

The unemployment rate increased by 0.1 percent quarter-on-quarter after an increase of 0.2 percent in the fourth quarter 2011, the Insee data showed.

The employment rate for the population aged from 15 to 64 increased by 0.1 percent in the second quarter to stand at 63.9 percent. Meanwhile, for the young people aged from 15 to 24, the jobless rate increased by 0.3 percent month-on-month and 0.8 percent year-on-year, at 22.7 percent in the second quarter.

To regain his waning popularity, French President Francois Hollande reiterated his promise last month that creating jobs topped the agenda of his five-year term. He also pledged to take measures to reverse industrial decline and overturn public deficit.

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