French Unemployment Rate Reaches All-Time High

French Labor Minister Michel Sapin
Marie-Lan Nguyen / Wikimedia Commons

French Labor Minister Michel Sapin released March’s job figures Thursday, April 25, which showed that Europe’s second largest economy is continuing to flounder during the economic recession. The unemployment rate reached 3,224,000, the highest yet for France. This latest joblessness figure surpasses the previous record high in January 1997 by nearly 30,000 unemployed citizens. This […]

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Cour des Comptes Urges France to Review Unemployment Benefits

An unemployed person circles a job in the newspaper

Photo: Flickr.com/Tax Credits

In the midst of the Euro zone crisis, France faces its own economic problems. The country’s state audit office, the Cour des comptes, has urged the government to review the funding of unemployment benefits for French citizens, saying that the current system is “unsustainable”. The Cour des comptes labeled the benefits as costly and ineffective, […]

Hard Times for French Students

Photo: Le Parisien

Although in many ways French students are better-off financially than their American, British and Canadian counterparts, student life in France is getting more and more expensive. The situation has lead the two main student unions, the Union Nationale des Etudiants de France (UNEF) and the Fédération des Associations Générales Étudiantes (FAGE), to ring the bell. […]

French Court Rules New EU Budgetary Pact Constitutional

Jean-Louis Debré, President of the Constitutional Council, and François Hollande on May 15. Photo: AFP/CHARLES PLATIAU

The Paris Constitutional Council ruled Thursday night that the new European Union fiscal treaty does not require a constitutional amendment. This puts the EU one step closer to adopting the budgetary pact. 25 countries signed the treaty in early March, including all 17 Euro Zone countries, and the new laws subject member states to stricter […]

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