Thursday, November 24, 2016

France: unemployment down again in October – The Parisian

Le unemployment has continued its decrease in October, with a decline of 11,700 job seekers without activity, less spectacular than in September, but which reinforces a positive trend, in which François Hollande sees the result of a “long battle” that “bears fruit”.
at the End of October, the Pôle emploi identified in metropolis 3,48 million people without any activity, down 0.3% in a month. Including overseas, their number amounted to 3,73 million (-0,3%).
Since the beginning of the year, 101.700 job seekers without activity (category A) have left the lists of Pole employment, “either in the average 10.200 less each month”, stressed on Thursday the minister of Labou r, Myriam El Khomri, who praised “without the slightest triumphalism” as “a significant decline”.
Over the last twelve months (October to October), “it is the largest fall seen since may 2008″, -2,8%, she added.
The latest statistics of unemployment before the announcement of a possible candidacy is good news for François Hollande, who has conditioned its decision to drop “credible” on this front. “The battle is long” but “it bears fruit”, he said while visiting a start-up offering online training. “Since the beginning of the year, unemployment is falling, even if it remains too high” continued the chief of l?State.
This is the second consecutive month of decline – which is rare – has occurred after a decline in history in September (-66.300).
- Decrease in young people -
The reflux button once again mainly young people, with a decrease by 7,400 in the number of unde r 25 years in class A, taking the annual decline to 8.2% (-43.200). “It is at the lowest level since October 2011,” said the ministry of Labour.
The number of long-term unemployed fell 22.300 in a year (-0,9%, to 2.4 million). Among the seniors on the other hand, it increases of 1.6% year on year.
counting the job seekers engaged in a little activity (categories B and C), the number registered amounted to 5.46 million. Category B (reduced activity, short) fell 1.3% on month, but increased year on year (+2.5 per cent).
category C (+78 hours in the month) has climbed more than 9% year on year. This increase is “primarily driven by job applicants who work at least 3/4 time,” says the ministry, mentioning that in this class, “38% are working full time, or 480,000″.
The vagaries of the statistics, which can reinforce the yo-yo effect of the monthly figures, did not influence this month, according to the ministry, which emphasizes a dec rease of the write-offs administrative and defects discount “in the average of previous months”.
- ‘Decoy’ and ‘waste’-
About the category D, which counts the unemployed in training (324.000), it is “stable for three months” due to the simultaneity between inputs and training outputs, reports to the ministry, while the opposition and some unions accuse the government of trying to artificially depress the numbers with the plan, 500,000 training courses for job seekers. By entering into training, they left in effect the categories A, B or C to reach D, less verbose.
Since January, this category is higher than 50,000, but “not necessarily because of the passages of category A to D,” said the ministry.
The improvement is to the good results on the labour market, in particular the creations net job, who have reached the 3rd quarter, a level not seen since the crisis of 2008 (52.200 new posts).
For the Prime minister Manuel Valls, this decrease is the result of a deliberate policy”, notably as a result of the CICE and the Pact of responsibility “that have allowed our businesses to become competitive”.
But to the right, Gérard Cherpion (LR) has denounced a “decoy” linked to the “waste of public money to ensure a future to the future candidate Holland”.
in The eyes of the SGC, “there are still no significant reduction” and “risk more”. Same goes for the FO, who is worried about a “dark picture for the older workers and the precarious”.
“These figures show the fragility of the economic recovery and the difficulty of the +turn+ in stable jobs,” responded the CFDT. Medef calls for her to “amplify the reductions in loads that are beginning to produce their effects.”
Since the beginning of the quinquennium, 556.000 unemployed are added to the ranks of the unemployed.


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