Job Market Monitor
France
France / A law against industrial closures
The bill being presented is the fruit of repeated promises to pass a law to bar firms from shutting factories, as a stream of industrial layoffs has pushed jobless claims to an all-time high. Companies that shut down viable industrial sites in France rather than selling them could be fined if draft legislation by lawmakers … Continue reading
France / To cut 34,000 jobs in defence
Proposed cuts to France’s military spending met with stiff resistance from lawmakers and the army on Monday, although the flat budget of 179.2 billion euros over a five-year-period will mean 34,000 job losses by 2019. France will keep its defence budget broadly stable for the next five years, after meeting stiff resistance from lawmakers and … Continue reading
France / Struggling to get back to work
As Mr Hollande approaches the anniversary of his election next month, his approval ratings languish at a measly 27%. No president has fallen faster or further in the first year of office and no doubt it is unemployment that weighs on those poll figures. With the economy stalled and the government planning some 60bn euros … Continue reading
France / Hollande will miss job target poll says as unemployment hits record level
An overwhelming majority of French people believe President Francois Hollande’s government will fail to reduce record high unemployment this year, a poll showed on Friday. The government is clinging to the Socialist leader’s pledge to revert a relentless unemployment rise even as data showed on Thursday that more people were jobless than any time on … Continue reading
France / A Lost Generation There Too
When she embarked on a university degree at 18, Caroline never imagined she would still be living like a student a decade later, unable to land a permanent job and stuck in a cramped spare room in her father’s flat. An engaging 27-year-old with a literature degree and a masters in communications, she is one … Continue reading
France / Unemployment Nears 16 Year High
Unemployment in France shot up by 43,000 in January. That brings the total number of unemployed to 3.16 million, just shy of the 3.19 million record set in 1997. After he was elected, the administration of socialist President Francois Hollande decided to raise taxes rather than cut spending. Rates on the wealthy were raised to … Continue reading
Europe recession deepens: very bad news for everybody
The eurozone suffered its third consecutive quarter of decline at the end of 2012 as exports from leading economies Germany and France sank, deepening a regional recession that has driven unemployment to record highs. Gross domestic product in the 17-nation euro area fell by 0.6% in the fourth quarter, leaving the eurozone economy 0.5% smaller … Continue reading
France / Minister Michel Sapin: There is a state but it’s a totally bankrupt state
France’s government was plunged into an embarrassing row yesterday after a minister said the country was ‘totally bankrupt’. Employment secretary Michel Sapin said cuts were needed to put the damaged economy back on track. ‘There is a state but it is a totally bankrupt state,’ he said. ‘That is why we had to put a … Continue reading
Unemployment Rates / International Comparison using american concepts
The International Labor Comparisons by the BLS The International Labor Comparisons (ILC) program adjusts data to a common conceptual framework because direct comparisons of national statistics across countries can be misleading due to differing concepts and methods. ILC data are used to assess U.S. economic and labor market performance relative to that of other countries and to … Continue reading
France / Renault to cut 7,500 posts by 2016
Renault (RENA.PA) wants to cut 7,500 posts in France by 2016 to help boost competitiveness as its domestic and European markets continue to slump, a spokeswoman for the French carmaker said. The cuts, equivalent to 14 percent of French Renault staff, are expected to include 5,700 departures through natural turnover, the spokeswoman said on Tuesday, … Continue reading
France / Court rejects 75 percent tax on millionaires
France’s Constitutional Council on Saturday rejected a 75 percent upper income tax rate to be introduced in 2013 in a setback to Socialist President Francois Hollande’s push to make the rich contribute more to cutting the public deficit. The Council ruled that the planned 75 percent tax on annual income above 1 million euros ($1.32 … Continue reading
France / Hollande Jobs Pledge Undermined
The French economy grew less than initially reported in the third quarter, signaling a recovery that may be too weak to help President Francois Hollande’s government reduce unemployment that’s at a 15-year high. Gross domestic product rose 0.1 percent, half the pace estimated on Nov. 15, statistics institute Insee in Paris said today. Data late … Continue reading
French minimum wage: 9.43 euros ($12.40)
France’s Socialist government has announced it’s raising the country’s minimum wage for the second time in seven months. The measure is to boost consumer spending despite Paris’ austerity course. The French government said on Monday the cross-sector general minimum wage in the country would be increased by 0.3 percent as of January 1, 2013. It … Continue reading
France / A deal with ArcelorMittal will save jobs
The French government struck a deal with ArcelorMittal (ISPA.AS) on Friday which will see the steelmaker invest 180 million euros ($234 million) in its Florange steelworks, allowing some 600 jobs at two shuttered blast furnaces to be saved. Prime Minister Jean-Marc Ayrault said the two furnaces would not be restarted for now, given weak European … Continue reading
France / Hollande gives Mittal deadline to save jobs … or nationalisation
PRESIDENT Francois Hollande has given ArcelorMittal CEO Lakshmi Mittal until December 1 to draw up a plan to save jobs at a French plant of the world’s largest steel maker, including its nationalisation. Mr Hollande, who met Mr Mittal for an hour at the Elysee presidential palace in Paris on Tuesday, said he asked Mr … Continue reading
Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)
The Most Popular Job Search Tools
Even More Objectives Statements to customize
Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office
Job Market Monitor 