french economy

French property prices remain stable as unemployment drops

POSITIVE employment figures will undoubtedly continue to keep French property prices stable.

The French unemployment rate has fallen in the first quarter of 2008 to 7.2%, its lowest since 1983.

New figures out today indicate that the rate fell from 7.5% in the last quarter of 2007. In comparison, the number of unemployed was 8.4% in the first three months of 2007.

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