French unemployment falls 1.9% in Sep 2016,biggest monthly drop since 1996
In a welcome piece of good news for embattled President François Hollande, France recorded its sharpest drop in unemployment for 20 years in September 2016, the labour ministry said Tuesday Oct 25,2016
It said 66,300 fewer people were looking for work in September, bringing the jobless total to 3.49 million in mainland France and more than erasing August's increase in job seekers of over 50,000.The total sneaked under 3.5 million for the first time since January 2015.
The deeply unpopular Hollande, who has staked his presidency on reining in unemplyment,stuck at around 10 percent, has yet to declare whether he plans to run for re-election next year.
It was the largest monthly drop since 1996 when the government started its current method of tracking unemployment.
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