French Unemployment Falls to Lowest Since Eurozone Crisis

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France’s troublesome unemployment rate has fallen to the lowest level since the depths of the eurozone crisis, with an impressive drop from 10 per cent to 9.6 per cent in the three months to March, the Financial Times reported. Double digit unemployment has been a persistent bug bear of the French economy, where the jobless rate has climbed above the eurozone’s average and is well above Germany’s record-low levels around 3 per cent. The March drop was ahead of expectations of no change and is the lowest since 2012. Read more. (Subscription required.)