THE JOB MARKET
Since 1997, France has experienced a consistently bright spell
throughout all its economic indicators. Unemployment had especially
changed between 1997 and 2001, from over 3.2 million unemployed
to 2.2 million today. From 1993 to the beginning of 1999 France
experienced an unemployment population oscillating at around 3
million people, then the French experienced what the press described
as a "World Cup Effect", a confident sentiment and a
good breath of fresh air after the crisis. France remains a pillar
of the European Union, notably strong in its position of 4th most
powerful economic nation in the world and second European economic
strength behind Germany. During this same period economic growth
restarted. According to the IMF it recorded a growth in its GDP
of 3.4% in 2000 and 2.4% in 2001, even though the growth in the
Euro zone was only 2%. Moreover the majority of experts ascertain
that if the French economy seems affected by the slowing down
of the American economy, then it is relatively protected from
Inflation during the 90s remained weak. The consumer price index
rose 2.5%.per year.
There are strong development disparities in France, notably between
Paris and the rest of the country: "the provinces".
Paris is the engine of French economy: it is in the capital where
all decisions are made and where all is created. It is surely
the only city in France that is largely open to international
recruitment and that offers the most career opportunities. In
fact, it is in Paris where all the headquarters of the large companies
are concentrated, the decision centres, the press and fashion...
In terms of recruiting potential, Paris is followed notably by
the regions of Lyon and Lille.
Unemployment rate in June 2001: 8.8% which is 2.2 million
unemployed people. One million less unemployed since 1997.
Principal economic partners: Germany, Italy, United Kingdom,
USA, Spain, Belgium, Luxemburg and Japan.
Number of foreign workers: 2.1 million active immigrants