Paris, Jul 28 (Prensa Latina) The French President Francois Hollande reiterated that he will run for the elections of 2017 if a credible low unemployment rate, one of his campaign promises of 2012, is recorded.
It is in 2016 when this decline should be recorded, said the president, quoted by local media. I undertook this commitment must be maintained. If the result of this reduction is not achieved, there cannot be a credible candidacy for the presidential election, Hollande said during a meeting last night with the presidential press.

His remarks are known within hours of the release of new data on the state of the labor market, a major concern for inhabitants of this country.

A report by the Ministry of Labor showed that applications for employment rose by 300 thousand in June in metropolitan France (mainland plus Corsica), in a context marked by an unemployment rate located around 10 percent.

Thus, the total stood at 3.55 million people, which shows some stability over the previous month and a rising to the 4.7 percent in the comparison made to last year's figures. Unedic, the agency that administers unemployment insurance, predicted that the meter will decrease in the second half of 2015 and in 2016, although limited.

It was said that the number of people looking for a job will rise in the current year to 12 000 from the 104 000 expected six months ago. In 2016, a more tangible impact on the unemployment rate will be seen, when the indicator will stand at 9.7 percent against the 9.9 with which 2015 must end.

Experts say that some of the main challenges the government are found in the economic area, particularly the labor section and its growth, still insufficient to achieve sustained recovery in employment.

The complex situation of the labor market, according to them, is linked to stagnation of GDP as a result of austerity measures in the Eurozone to try to contain the increase in the deficit and the public debt.