PARIS, March 1 (KUNA) -- Unemployment in France rose in the fourth quarter
of 2011, reaching 9.4 percent, 0.1 percent higher than year-earlier levels and
there are now "officially" 2.7 million people out of work here, the National
Statistics Institute (INSEE) said on Thursday.
However, INSEE noted that according to International Labour Office (ILO)
calculations, which use different measurements, there are 3.4 million people
in France "who are not working but want to work," some of whom are not
registered on official jobless rolls.
Using the ILO calculations, France would have a jobless rate of 9.8 percent
instead of the lower "official" rate.
INSEE pointed out that youth unemployment for people below 25 is running at
close to 22 percent. (end)
KUNA 011335 Mar 12NNNN