French Joblessness Climbs to Record, Adding Pressure on Hollande
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French jobless claims rose to the highest ever, increasing pressure on President Francois Hollande to revive an economy that has been stalled for two years.
The number of people actively looking for work increased by 36,900, or 1.2 percent, to 3.225 million, the labor ministry said today in an e-mailed statement. Economists expected an increase of 25,000, according to the median of three forecasts gathered by Bloomberg News.