French unemployment rate falls below 10% for first time since 2012

Drop is boost for François Hollande, who says he will not stand for re-election without sustained fall in jobless rate France’s unemployment rate has fallen below 10% for the first time since 2012, offering a boost to François Hollande, who staked his political future on creating more jobs . The French statistics body Insee said unemployment on mainland France and its overseas territories fell to 9.9% in the second quarter, from 10.2% in the previous three months. Continue reading...