In France, for the first time since 1999, the number of unemployed exceeded 3 million. Following the August number of fully unemployed Frenchmen reached 3.011 million, and together with the partially employed, but seeking full employment, the figure was about 4.5 million. Since the beginning of the collection of such statistics - a record.
Earlier, Francois Hollande, the president of the country during the year the unemployment situation has promised to fix it. For his part, Michel Sapen, Minister of Labour, called this task "doable."
According to the economist Eric Ayer, to stabilize the unemployment rate, the state must show GDP growth of 1% per year. To reduce the number of unemployed, GDP growth should be 1.5 - 2%.
The government forecasts GDP growth this year of 0.3%, and the next - by 1.2%. In the 3rd quarter of this year to 0.1% is expected recession. Economic growth in the 2nd quarter was zero.
Its first annual budget Hollande publish 9/28/12, providing increased income by 30 billion euros through new savings and taxes. Thus, the government had to support the economy will increase opportunities. At the same time, Hollande promised to reduce the budget deficit in 2013 to 3%.
According to Reuters, the unemployment rate in Germany was 6.8%. The number of unemployed increased by 9,000 people, it's less than analysts had forecast.