French unemployment hit a 12-year high in November, with 29.9K losing work, bringing the total...

|By:, SA News Editor

French unemployment hit a 12-year high in November, with 29.9K losing work, bringing the total to 2.85M, a 5.2% rise for the year. The unemployment rate rose to 9.3%, still below the 9.6% peak in the wake of the GFC. It's another bad data point for President Sarkozy who stands for election this Spring.