Tuesday, November 27, 2012

French jobless highest for 14 years



Published on Nov 27, 2012 by
http://www.euronews.com/ The number of people out of work in France has risen to its highest in 14-years.

The pressure is now President Francois Hollande to stem the jobless tide.

Data shows that the number of registered unemployed rose in October by 45,400 to reach 3.103 million.

Unemployment has been rising in the country for the last 18 months and is now at its highest level since April 1998.

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Europe Day Ahead: European data, German bond sale in focus (1:57)



Nov. 27 - After Greece, the focus turns swiftly to a raft of European data and a German bond auction of five-year bonds on Wednesday

OECD: euro zone threatens world economy (2:13)



Nov. 27 - The Organisation for Economic Co-operation and Development has slashed its global growth forecasts, and is warning the euro zone debt crisis is the biggest threat to the world economy. Joanna Partridge reports