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French Unemployment Rises, Growth in France and Spain
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Overview
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French unemployment rises to 7.4% in Q1 2023, marking the second consecutive quarterly increase, undermining President Macron's goal of achieving full employment by 2027. French economy grows by 0.5% in Q2 2023, driven by exports, while German economy stagnates.
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How might the rise in French unemployment impact the country's labor market and overall economy?
How might the sustained growth in the French and Spanish economies affect the euro zone's economic outlook and the European Central Bank's assessment of activity levels?
What measures can the French government take to address the challenges faced by the economy and tackle the rise in unemployment?
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