French President stimulates jobs market to bring down unemployment rate by year's end

By IVCPOST Staff Reporter

Aug 10, 2013 09:01 AM EDT

In a bid to bring down his country's unemployment rate by the end of this year, President Francois Hollande of France said he would continue to stimulate the jobs market. In fact, he told the whole nation that he would be making jobs creation his number one political priority in a television interview on Bastille Day last month.To ease the ranks of the jobless, the government would be making training places and temporary jobs available through state-subsidized programs. In June, there were already 3.28 million people who claimed they were unemployed, an all-time high for the country.

The first part of Hollande's program would involve hiring 30,000 new playground assistants and classroom minders when school starts again in September.The second part would be the "jobs of the future" program. The government would train young people between 16 and 25 years old so they could work in non-commercial sectors like healthcare. The government said they expect to hire 100,000 through "jobs for the future" by the end of the year. The third part would be the implementation of training schemes to match the unemployed with the vacancies that are currently open but continue to remain unfilled due to a mismatch of skills.

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