A domestic analyst firm says the ongoing euro crisis is one of the main reasons behind the closure of more than 1,000 factories in France during the past four years. After reviewing the number of factories closed since January 2009,... (Continue reading)
France National Institute of Statistics and Economic Studies (INSEE) says the French economy is set to contract by 0.2 % percent in the fourth quarter of 2012 as the eurozone continues to grapple with economic woes. “Activity should thus fall... (Continue reading)
New statistics show that unemployment rate in France hit a new record of 10.3 percent in the third quarter of 2012, the highest in almost 13 years. According to AFP, the rate, up by 0.1 point, was released by France... (Continue reading)
The French national statistics office says the jobless rate in mainland France has seen a sharp rise, hitting 9.6 percent in the fourth quarter of 2009. This the highest unemployment level in the country in 10 years, rising from 9.1... (Continue reading)