France Economy

Working abroad sounds like an adventure to many people. However, France job search requires more than just the obvious Frence CV writing and translation, it requires thorough preparation. You will experience problems that probably did not even come to your mind when you made a decision to find France jobs.

Do not take too lightly the influence a job in France can have on the outcome of your adventure! For instance, you will experience the diverse immigration rules and practices, strange job application procedures, unfamiliar job candidate selection criteria and out of the ordinary management culture.

art_warning France EconomyMost visits to France are trouble-free but you should be aware of the global risk of indiscriminate international terrorist attacks, which could be against civilian targets, including places frequented by foreigners. The French authorities have carried out a number of arrests as a result of investigations into terrorist networks.

France economy - overview: France is in the midst of transition from a well-to-do modern economy that has featured extensive government ownership and intervention to one that relies more on market mechanisms. The government has partially or fully privatized many large companies, banks, and insurers, and has ceded stakes in such leading firms as Air France, France Telecom, Renault and Thales. It maintains a strong presence in some sectors, particularly power, public transport and defense industries. The telecommunications sector is gradually being opened to competition. With at least 75 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism.

France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. Widespread opposition to labor reform has in recent years hampered the government's ability to revitalize the economy. France's real GDP contracted in 2009, but recovered somewhat in 2010 and 2011. The unemployment rate increased from 7.4% in 2008 to 9.1% in 2011.

Paris is implementing austerity measures that eliminate tax credits and freeze most government spending in an effort to bring the budget deficit under the 3% euro-zone ceiling by 2013, and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt levels.

Labor force - by occupation: agriculture: 4.1%, industry: 24.4%, services: 71.5% (1999))

Unemployment rate: 7.9% (2007 est.), 9.1% (2002 est.), 9.1% (2011 est.)

Natural resources: coal, iron ore, bauxite, zinc, potash, timber, fish

Industries: machinery, chemicals, automobiles, metallurgy, aircraft, electronics, textiles, food processing, tourism

euro_banknotes France EconomyCurrency: Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

Credit/Debit Cards and ATMs: All major credit and debit cards are widely accepted. ATMs are widely available.

Traveler’s Cheques: Traveler’s cheques are accepted nearly everywhere.

Exchange rates: Euros (EUR) per US dollar - 0.7107 (2011 est.), 0.755 (2010 est.), 0.7198 (2009 est.), 0.6827 (2008 est.), 0.7345 (2007 est.), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.06 (2002), 1.12 (2001), 1.09 (2000), 0.94 (1999)

Inflation rate (consumer prices): 1.5% (2007 est.), 2% (2011 est.)

Other France Economy Info

We hope that your France job search has been successful and you will get France visa too. So, if your France cover letter and France CV are ready, you may distribute them to your prospective employers and start preparing for a France job interview.

In addition, on the international info, job search, visa, work permit, cover letter, CV & resume, job interview and dress code pages you will find many useful tips for overseas job seekers.

Good luck with the France economy info!

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