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French unemployment at two year high.


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French unemployment has risen from 7.6% to 8.7% over last quarter of 2008, according to new statistics just published.

My guess is unemployment will ne near 10% when first and second quarter 2009 statistics are released.

More worrying is youth unemployment at 24.2% for 15 to 25 year olds, which does seem to question the wisdom of moving children to France for a better future.

Link below:

http://news.bbc.co.uk/2/hi/business/8082629.stm

 

 

 


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