France - 84% doubt jobs pledge
Print Edition
An overwhelming majority of French believe President Francois Hollande will miss his target to cut unemployment by year’s end, a poll showed on Wednesday.
Defying all predictions by the IMF, the European Commission and the bulk of private economists, Hollande says state-subsidized jobs will allow him to achieve a turnaround in unemployment.
But 84 percent of French believe he will fail to deliver on this top political priority, the survey by Ifop pollsters for Valeurs Actuelles magazine showed.
Jobless claims hit an all-time record of 3.28 million in June, but business confidence indicators and better-than-expected industrial output may show France has exited a shallow recession.
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