French Jobless Claims Climbs for Second Month as Election Looms

French jobless claims increased or a second month in June, highlighting the fragility of the recovery promised by Francois Hollande ahead of next year’s presidential election.

The number of people actively looking for work climbed by 5,400, or 0.2 percent, to 3.53 million, the Labor Ministry said Friday in a statement.

Hollande has repeatedly said that generating a decline in unemployment is a condition for seeking re-election in April and May of next year.

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