Paris: France’s unemployment rate has surged to 10 percent, with millions of French citizens looking for work as Europe’s economic crisis shows no sign of improving, Press TV reported.
According to the French National Institute for Statistics and Economic Studies (Institut National de la Statistique et des Études Économiques or INSEE), France’s unemployment rate is going up at a very fastest rate and nearly three million French people are on job hunt.
“In France, the temp industry is growing now because we have problems with unemployment, as in many countries in Europe, and temping is, of course, a good way to find a job. 25 percent of the people have chosen to be temps,” Francois Roux of the Prisme Employment Agency said.
However, France has always had a high rate of unemployment, making it one of the biggest challenges for the country’s new president, Francois Hollande.
The new president promised in his election campaign to create thousands of state sector jobs and to lighten up the country’s austerity measures.
Europe was hit by a serious financial crisis in 2008 and the situation has intensified over the past few months.
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