No account yet?
Subscription Options
Subscribe via RSS, or
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at

Stars Recent Headlines
Good News Dallas
French Unemployment Strikes Record High Print E-mail
by Tom McGregor    Mon, Jan 27, 2014, 08:39 PM

What happens when a government imposes a 75% income tax rate on its citizens? Well, that boosts unemployment rates. The French economy continues to head towards a freefall.

According to the BBC News, "French unemployment has hit a record high with more than 3.3 million people now registered as out of work. In December, 10,200 more people were listed as jobless, breaking President Francois Hollande's promise joblessness would fall by the year end."

French President Francois Hollande is struggling with record low popularity ratings in the country.

As reported by the BBC, "The French unemployment rate is now 11.1%. It went up by 5.7% in 2013, and rose 0.3% in December. In Ankara, Turkey, Mr Hollande said ahead of the release: "Stabilisation, which we have achieved, is not enough."

Apparently, only the French government has been hiring workers amidst dire economic circumstances.

To read the entire article from the BBC News, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it  

Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger

< Prev   Next >