Unemployment is increasing again in January
Ten days before the first round of municipal elections, the government, already grappling with the concerns of the French on their purchasing power and soaring prices, is facing a sharp deterioration in the market ' employment.
The number of unemployed category 1 has in fact increased by 0.7% (13,200 people) to return above the threshold of 1.9 million depressed in December 2007 and return to 1910500 people.
The number of jobseekers in categories 1 to 6, which correspond to the definition of both broader and more in line with that used in the European context, has, meanwhile, rose by 1.4% in January 2379 .200, its decline over one year back to 6.3%.
The Minister for the Economy Christine Lagarde noted in a press release of the increase in the number of job seekers in January, stressing that it occurred "after several months of steady decline."
"The other indicators in the labour market are well-oriented," notes the press release.
"Job creation remained strong in the fourth quarter and employment in the interim recovered" during the same period, he says.
Salaried employment in the sectors merchants grew by 0.4% in the fourth quarter of 2007, corresponding to 59,900 jobs, the number of employees in these sectors emerging at 16027100, according to provisional data published by INSEE on February 15.
The number of job seekers is since the summer of 2005 in a downward trend punctuated by rare monthly increases, the most recent dating back to August 2007 (0.6% and 11,800 persons).
The number of job-seekers had since marked decreases of 0.5% in December (-9,800 people), by 0.7% in November (-12,500 people), by 1.2% in October (-23,000 people) and 1.4% in September (-28,000).
INFLEXION TREND
The rise in the number of job seekers in January falls Does a counter-performance which will be quickly corrected or brand Does a change in the trend on the labour market?
It contrasts with the continued improvement in the labour market in Germany since the beginning of the year.
The number of jobseekers in the first economy in the euro zone fell by 75,000 in February data CVS / CJO to reach 3.336 billion, while economists surveyed by Reuters on tablaient a decline of 50,000 after a decline of 91,000 in January.
"It is possible that we are experiencing a change in the trend for at least a few months," warns Nicolas Bouzou, an economist office Asterès independent analysis.
"In view of a rather favourable evolution of the active population, we need a growth rate of 1.8% to 2.0% in order to reduce unemployment in France," he recalls.
"The annualised growth rate was 1.2% in the fourth quarter of 2007 and this should not improve in the first three months of this year. This is not enough to create jobs," adds it.
"We must also take into account the expectations of entrepreneurs faced with a deteriorating political climate, the consequences of the crisis of subprime and a slowdown in global growth. All of this leads them to retreat rather sail," Nicolas Bouzou table on which an alternation of stabilization and recovery in the number of job seekers in the coming months.
The figures released Thursday does not include estimates of the unemployment rate as defined by the ILO in accordance with the decision taken by INSEE no longer publish monthly series of unemployment as defined by the ILO based on the findings of a report commissioned by the government in June 2007 to find a solution to the dispute about the reliability of the unemployment figures.
INSEE however, has reported an unemployment rate of 8.3% of the active population () 2007 on the basis of a new method of estimating from a ground survey, the Employment Survey.
The figure for the fourth quarter will be published on March 6 while, according to the latest monthly survey by INSEE on the morale of households, they expect a deterioration of the labour market in the coming months.
The household confidence in February fell to their lowest level since the series began in January 1987, according to data released Thursday by INSEE.
The number of unemployed category 1 has in fact increased by 0.7% (13,200 people) to return above the threshold of 1.9 million depressed in December 2007 and return to 1910500 people.
The number of jobseekers in categories 1 to 6, which correspond to the definition of both broader and more in line with that used in the European context, has, meanwhile, rose by 1.4% in January 2379 .200, its decline over one year back to 6.3%.
The Minister for the Economy Christine Lagarde noted in a press release of the increase in the number of job seekers in January, stressing that it occurred "after several months of steady decline."
"The other indicators in the labour market are well-oriented," notes the press release.
"Job creation remained strong in the fourth quarter and employment in the interim recovered" during the same period, he says.
Salaried employment in the sectors merchants grew by 0.4% in the fourth quarter of 2007, corresponding to 59,900 jobs, the number of employees in these sectors emerging at 16027100, according to provisional data published by INSEE on February 15.
The number of job seekers is since the summer of 2005 in a downward trend punctuated by rare monthly increases, the most recent dating back to August 2007 (0.6% and 11,800 persons).
The number of job-seekers had since marked decreases of 0.5% in December (-9,800 people), by 0.7% in November (-12,500 people), by 1.2% in October (-23,000 people) and 1.4% in September (-28,000).
INFLEXION TREND
The rise in the number of job seekers in January falls Does a counter-performance which will be quickly corrected or brand Does a change in the trend on the labour market?
It contrasts with the continued improvement in the labour market in Germany since the beginning of the year.
The number of jobseekers in the first economy in the euro zone fell by 75,000 in February data CVS / CJO to reach 3.336 billion, while economists surveyed by Reuters on tablaient a decline of 50,000 after a decline of 91,000 in January.
"It is possible that we are experiencing a change in the trend for at least a few months," warns Nicolas Bouzou, an economist office Asterès independent analysis.
"In view of a rather favourable evolution of the active population, we need a growth rate of 1.8% to 2.0% in order to reduce unemployment in France," he recalls.
"The annualised growth rate was 1.2% in the fourth quarter of 2007 and this should not improve in the first three months of this year. This is not enough to create jobs," adds it.
"We must also take into account the expectations of entrepreneurs faced with a deteriorating political climate, the consequences of the crisis of subprime and a slowdown in global growth. All of this leads them to retreat rather sail," Nicolas Bouzou table on which an alternation of stabilization and recovery in the number of job seekers in the coming months.
The figures released Thursday does not include estimates of the unemployment rate as defined by the ILO in accordance with the decision taken by INSEE no longer publish monthly series of unemployment as defined by the ILO based on the findings of a report commissioned by the government in June 2007 to find a solution to the dispute about the reliability of the unemployment figures.
INSEE however, has reported an unemployment rate of 8.3% of the active population () 2007 on the basis of a new method of estimating from a ground survey, the Employment Survey.
The figure for the fourth quarter will be published on March 6 while, according to the latest monthly survey by INSEE on the morale of households, they expect a deterioration of the labour market in the coming months.
The household confidence in February fell to their lowest level since the series began in January 1987, according to data released Thursday by INSEE.
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