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At a time when the government prepares raising the legal age of retirement, he has surprisingly little publicity to these statistics, however, encouraging. The employment rate of 55-64 age group reached 38.9% in 2009 against 38.2% last year and 37% in 2003, according Studies Branch of the Ministries of Economy and Labour (DARES ).

The trend is especially notable is that despite an unfavorable demographic developments: the employment rate falls to 60 years, yet the 'sixties youth "are more numerous since 2005 as' s acts of war on people born after full-baby boom. By neutralizing this "structure effect", the employment rate of older workers has also increased by almost 5 percentage points since 2003.

However, unemployment was 50 years and older flies.Between March 2009 and March 2010, it jumped by 21.2%, after rising 16.7% the previous twelve months, said the panel of Dares. In fact, the number of seniors looking for employment and the number of seniors who work progressing both. In the first case, for cyclical reasons that should improve. The crisis, plus the gradual end to the exemption from seeking employment, given until 2008 to unemployed persons over 57 years and half is in effect passed by.

Effective retirement age for retirement of 61 years and a half

And in the second case, for deeper reasons. Women are more likely to work. The reforms of 1993 and 2003 from 37 ½ to 40 years the contribution period for a full pension in the private and the public.The effects of the device "long career" – awarded in 2003 to those who have started working very young, fade, because the generations born since 1953 have been affected by compulsory schooling to 16 years.

According to the National Insurance Old-Age, 30 218 nationals of the general system and have retired before age 60 in 2009, against 100,000 to 126,000 per year in previous years. Ultimately, the effective retirement age from 61 years to 61 ½ years for pensioners to live right (that is to say outside widowers). A second consecutive year of breaking up a downward trend in virtually stopped since the early 1970s when the average neared 64.

France remains still lags behind its neighbors: the employment rate of older workers of 27 countries of the European Union is 46%.The majority sees this as an argument for the legal age of retirement, arguing that it is possible to retire at age 60 which explains the low employment rate of 60-64 years. Opponents of the reform them, believe that we must first improve the employment of older before trying to make them work longer.

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(From our special correspondent in Tokyo)

François Fillon has dropped the word naturally. He who rejects the word rigor in Paris, finally telling the truth in Tokyo. "Of all the state budgets, the only one who is not subject to discipline is that of Higher Education and Research, argues the prime minister, at the turn of a sentence imposed before an audience of five hundred Japanese businessmen and under the approving glance of Christine Lagarde.

True to his outspokenness, the Minister of Economy has not taken greater care to reassure the business community Nippon concerned about turmoil in Europe since the sinking of the Greek economy. "There is not in France, I can assure you of hidden deficits. We have a package of structural deficits, but our accounts are audited very seriously, "warned the owner of Bercy.What has been told to François Fillon not without humor: "Unfortunately, there is no hidden revenue either!"

The European austerity plans discussed at length

He came to Japan to reassure businessmen and Japanese bankers, Francois Fillon has long defended the austerity plans implemented in the euro area. The European currency crisis causes, in fact, Japan concern and uncertainty about the strength of the European Union. The major daily newspaper Nikkei has made his One, two days ago, the 30% decline in investment in the euro countries during the first half of 2010.

"I understand that, seen from Asia, our operations can sometimes be difficult to perceive and understand. But Japan's national interest is not to turn away from the euro, "Francois Fillon urged by recalling that Europe is" the great market of the developed world with 500 million consumers.Incidentally, he ditch tackle the Anglo-Saxon does not deliver, he says, a "balanced view of the success of the European Union" and invited his audience to read the German press and French.

Before leaving Tokyo, Francois Fillon met with his counterpart Naoto Kan. In addition to macroeconomic issues, the two men discussed several issues of the Franco-Japanese: nuclear, automotive and aerospace.Weakened by his recent defeat in the senatorial elections, the center-left prime minister of Japan can not implement as it sees the budget and tax reforms that could reduce Japan's debt, too colossal.

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The path loss is still far from being solved. Industrial production shows for the month of May, a sharp rise. The overall activity increased 1.7% after falling 0.5% in April.

The production of manufacturing industry (manufacturing goods) has also continued to grow, increasing 0.5% in volume, after +0.3% in April. Between March and May, production increased by 2.4% in manufacturing and 2.2% across the industry.

Manufacturing is in sharp recovery from the same three months last year (+8.2%), but remained "well below its level before the crisis," says the Institute of Statistics.

For Alexander Law, chief economist at Xerfi, there are "two heavy handicaps that are difficult to overcome." One around the restocking process being complete.Another round of unfilled orders that are substantially sdégarnis No fax payday loans. According to the economist, "the situation remains extremely fragile in France and Europe, so a decline in activity in the third quarter is not negative.

Investment timidly off again

On a year over three months (between March and May compared to the period December 2009-February 2010), the production of electrical, electronic, computer and machinery increased 3.4%. Nevertheless, the trend seems to have stalled in May with a decline of 0.2%. For Alexander Law, no cause for alarm. "It's normal. Companies must remain vigilant to the economic uncertainties.There is no question at present to engage in heavy spending and engaging knowing that demand may wane and that the whole of Europe has now begun the turn of rigor.

The Paris Bourse is maintained in the zone of turbulence since it passes through Tuesday. The CAC 40, after nine sessions of gains chained and won 10.5%, has now three sessions of decline, losing 4.8%. So much so that since the beginning of the month, the benchmark index of the Paris took only 1.5% and rises to 3555 points.

This Friday, at the beginning, the CAC 40 has tried to resist, rising 0.24% to 3564 points, but the fragility of the ambient trend and volatility have prevailed and the index declining about 11 hours from 0 25% to 3546 points.

In the same time, the euro appears stable, very slightly positive at 1.2341 dollars after resuming colors Thursday as statistical mixed overseas sowed doubt about the robustness of recovery amércaine.

Overall, the atmosphere is tense markets. The Asian market on Friday morning, displays counters in the red.In France, unemployment has not risen so much since seven months.

Pressure mounts while also meet from tomorrow G20 Toronto. Discussions burning its menu.

National accounts in the spotlight

In France a quarter of an hour before the opening of trading, INSEE revealed a growth of just 0.1% in the first quarter of 2010, however, revising upwards the growth of Gross Domestic Product (GDP) last quarter 2009 to 0.6%.

Consumer spending has remained stable over the first three months of the year, reports the Institute.The purchasing power has registered a decline of 0.1%.

In the U.S., the third estimate of GDP is known to 14:30.

Banks up

As for values, Credit Agricole (-1.7%) Societe Generale (1.4%) BNP Paribas (+1.1%) and Axa (1.32%) appear at the top of the charts of best performance of the CAC 40, behind Vivendu which grimpede 1.7% to 17.5 euros.

In contrast, the values cars are worth, including Peugeot plir 0.67%, Renault, 0.36%, 0.6% Michelin. Construction is bad too, with Lafarge (-0.96%), largest decline, and Saint-Gobain (-0.25%).

Latecoère: 2.56% to 6 euros According to Le Figaro, the aerospace supplier will propose to its shareholders on Friday, meeting in General Assembly, the free allocation of share purchase warrants (BSA) in 2012.It has thereby remove some 43 million euros.

Bourbon: +3.3% to EUR 35 The group has unveiled its strategic plan for 2011/2015 including investment of 2 billion dollars in the marine service vessels for offshore oil.

Pressure on prices in the telecommunications networks transition to mobile technology fourth generation "LTE" should distribute the cards in this highly competitive sector, but not enough to halt the pressures on the prices of telecom equipment, told Reuters Chairman of the Mobile Division of Alcatel-Lucent, Wim Sweldens. The shares were down 0.85% to 2.2 euros, the steepest declines the CAC 40.

GDF Suez (+0.3%), Total (-0.5% to 38.25 euros), EDF (+0.5%) The price of gas will increase by 4.7% from 1 July to 6.3 million customers in France said Thursday the Commission of Energy Regulation.

The EDF Group postponed its decision to invest in an LNG terminal in Dunkirk (Northern), said Thursday a spokesman for the group. This terminal was supposed to compensate for some job losses related to the closure of the refinery from Total.

Computer Services sector companies might respond to better than expected quarterly results announced Thursday evening by Accenture. The Group's net profit stood at 564 million dollars (457 million euros), or $ 0.73 per share against 537 million ($ 0.68 per share) a year ago and $ 0.69 expected by Wall Street.

Alstom: -0.5% to 38.3 euros French industrial group on Thursday launched a U.S. production plant turbines, especially for nuclear power generation, for which he has invested about $ 300 million, according to a statement.

The success is well meet up for the latest Apple products, the iPad. The company announced the Apple had sold more than 3 million copies of his tablet. And less than three months after its launch. In good shape Thursday, June 24 launch of the iPhone 4.

Apple has delayed for one month out of its touch pad internationally because of the huge demand in the United States, which had exceeded its expectations. Next month the tablet, which combines the functionality of a mini-computer, a player and a media player must land in nine additional countries (Austria, Belgium, Hong Kong, Ireland, Luxembourg, Mexico, Netherlands, New Zealand and Singapore).

News that support the Apple stock offering. Quoted on the Nasdaq, Apple still wins the title more than 1.36% to 273.85 dollars, close to its highest of 275.97 dollars.But analysts see the stock price well above its record close reached last Friday in payday loans with no fax. For the more optimistic, and like the popular analysts at Deutsche Bank, the price of Apple stock could still earn $ 100, $ 375.

44 million iPhones sold in 2010 4

Last week, Apple and the U.S. operator AT & T, which has exclusivity on the iPhone in the U.S. have had to suspend the process of pre-orders, their system is clogged by the enormous demand, and Apple CEO Steve Jobs had to apologize.

The new multifunctional phone, especially with a high definition screen, a feature allowing telephone conversations and video editing software video, has landed Thursday in U.S. stores.Some analysts believe the iPhone will sell 4 million copies to 44 this year, 55 million units next year.

Mobile Internet, the driving of the media industry and recreation? In any case think that PricewaterhouseCoopers, which estimated that more than one French person in four will be equipped for the mobile Internet in 2014, 18 million people. In its annual "Global Entertainment and Media Outlook 2010-2014", the audit firm notes that the phenomenon of "mobile consumer" includes high speed.

In fact, the French were somewhat neglected voice calls in 2009, the benefit of SMS and especially multimedia applications, according to a recent study by the firm IDATE to the French Association of Mobile Operators (SWOT). The mobile internet service becomes widely used for the 7.3 million owners of smartphones. Result: the average expenditure for voice slid nearly 6.3% in 2009, while spending on data services and mobile Internet have increased by 8%.

Access PC slowing

So much so that the U.S. bank Morgan Stanley in her study "Internet trends," predicts that the use of mobile Internet will be greater than that of fixed Internet within five years. The world had 1.8 billion Internet users in 2009, up 13% year on year, says Morgan Stanley.

The growing role of digital technology in society has contributed to the recovery, although "fragile", the media industry and recreation, says PricewaterhouseCoopers. In his study, the firm believes that the activity of this sector worldwide is expected to grow 5% per year between 2010 and 2014, after declining 3% in 2009 to reach 1.69 trillion dollars. In parallel, the Internet will show an average annual growth of 9% over this period.

A real opportunity for the media industry and recreation.The trend is toward "consumer web", says PricewaterhouseCoopers. Internet users consume more media and online entertainment, sharing and enriching the content instantly on social networks like Twitter and Facebook, or hosting sites (YouTube, Dailymotion).

The "socialization" of media

"Then they ate up individually, the opportunity to comment and share content regardless of where one is transforming the media consumption in a collective experience," said Mathieu Aubusson, associate specialist in media industry and leisure for PricewaterhouseCoopers.

The rise of digital media, however, is not without its challenges. "The digital migration and changes in consumer behavior put great pressure on existing models," warns Matthew Aubusson.The media industry and recreation needs to find profitable new business models, while supporting the rapid pace of innovation hits new offerings.

"The movement of consolidation, partnerships should emerge to share the risk in a rapidly changing market," says the partner at PricewaterhouseCoopers. These risks include the threat of overheating networks puts telcos at bay, while data traffic is exploding.

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More rigor. The message sent by the rating agency Fitch to the new British government is clear: "the magnitude of the fiscal challenge is formidable United Kingdom and justifies a strong austerity plan in the medium term." For, if London enjoys a triple-A thanks to its economy "diverse and flexible, its deficit is growing at a pace well above that of other countries enjoying the same note, the agency warns. It reached 11.1% of gross domestic product (GDP).

"The existing plans are not ambitious enough," Judge Fitch, who still welcomes the willingness of the new Liberal-Conservative coalition to act very quickly. Even in London announced new austerity measures amounting to 0.4% of GDP in the form of budget cuts.

Under a new emergency budget to be presented June 22, the government should adopt targets for reducing the deficit more ambitious, Fitch recommends. The new conservative prime minister has already promised gold and years of "suffering" the British people.

"While other European countries are strengthening their plans and rigor that markets are concerned about the sovereign risk in developed countries, the size of the UK deficit is currently estimated for 2011 and failure to return to the 3% deficit the next five years are worrisome, "Fitch alarmed.

Brussels puts its nose in one of the most sensational divorces industrial center stage in Europe: Barroso Commission on Wednesday announced the launch of an accelerated procedure against the French Areva and German Siemens for infringement of competition law. This decision confirms the information published as early as Tuesday evening by Le Figaro.

In this case, it is the folder Areva NP, the ex-Framatome, owned 35% by Siemens and 65% by Areva. The German group announced in early 2008 its decision to exit the venture, after several years of fruitful cooperation.

Areva has taken note of this decision but said that Siemens was unable to compete with it for several years because of an agreement signed between both parties. And it is this clause that Siemens is trying to quash the Commission.A clause also crucial for the French group that tries to turn the cash in order to lower the purchase price of 35%.

Addressing what looks like a cartel, while the separation between the two European giants of nuclear consumed is therefore paradoxical only in appearance. Siemens, unable to compete with its former French partner by one of the clauses of the marriage contract of 2001, seeks in effect to part of a last thread to the leg. Moreover, the German group discreetly that he looks forward to the debut of the Commission.

The shareholders agreement signed in honeymoon Franco-German, January 30, 2001, has never been made public.The clause that is now the competition commissioner, Joaquin Almunia, evoked precisely the scenario of a separation for at least eight years after the divorce, it prohibits Siemens rival Areva to come on the market for nuclear reactors, according to one of the parties in conflict.

Partnership with Rosatom

The decision by Joaquin Almunia opens investigation against "violations" of sections 101 and 102 of the Treaty of Lisbon by Areva SA, Siemens AG and their subsidiary Areva NP. The procedure "does not mean that there are strict proof" of infringement of competition law, but simply that the case will be handled on a priority basis, according to the draft obtained by Le Figaro.

The non-competition, held by Areva and Siemens today denounced, no objection was raised in 2001 during the passage of the shareholders before the European authorities.Has it been so deliberately ignored? Or added a posteriori? In any case, it returns to haunt the two partners.

And because it prohibits the German group to realize its nuclear partnership with the Russian company Rosatom. Siemens announced March 3 – with the blessing of Vladimir Putin – the signing of a Memorandum of Understanding for a joint venture with the public group. It is developing the technology Russian pressurized water reactors. This alliance has created a noisy side reaction of Areva, which has denounced "a unilateral breach of contractual obligations" by the German group.

Beyond the bitterness born of a failed marriage, is a cut-throat competition looming on one of the most lucrative markets for decades to come: that of civilian nuclear reactors, each of the two firms in tens of units.Unless he can get Brussels to outright cancellation of the disputed clause, Siemens would like to see at least his initial handicap reduced by several years.

That complex is more of a rebound near. While Siemens sentence actually formalized its alliance with Rosatom – the German press has recently indicated that there would be no breakthrough until 2011 – and rumors have circulated about a possible return behind the German group. So a partnership with Areva reactivated.But recent developments in Brussels show that this scheme will be hard to reappear.

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More than 2 billion euros

How is the participation of Siemens in Areva NP? Estimates are circulating that the French group will put on the table between two billion and 2.5 billion euros. To agree on the amount of the transaction, both groups have appointed an independent expert. No timetable has been set officially, but the findings should be made before the end of 2010. Meanwhile, Areva has singularly need to restore its financial leeway.

For the period 2008-2012, Miss nuclear group has estimated its investment needs about 6.5 billion euros.While a capital increase is planned – up to 15%, through three foreign partners – but the government delayed giving the green light.

The oil found 70 dollars

Optimism returns on oil markets. On Thursday, oil prices have ended on a 4% rise to 74.55 dollars in New York, gaining 8% in two sessions. The $ 70 threshold was crossed on the rise Monday and picked up the rebound Wednesday. That day, Brent took $ 2.15 (3.09%) to 71.70 dollars, ending a run of nine consecutive sessions of declines.

"The market has received a good dose of optimism," said Phil Flynn of PFG Best Research. "It was time, prices had fallen by 87-65 dollars." For Ellis Eckland, an independent analyst, "it is a rebound in the wake of the stock markets. People are more optimistic about the fact that the euro will not collapse and less frightened about the economy. " Another factor supporting prices: the six-month extension of the moratorium on offshore oil drilling decided by Barack Obama."The United States derive a third of their crude production offshore drilling if we do drill more, this production may simply disappear", said Ellis Eckland.

But the week was also marked by a one-time relapse occurred below 70 dollars Tuesday. Investors, troubled by geopolitical tensions between the two Koreas, suffered a renewed concerns about the pace of global recovery.

If the courts now seem to settle in the range of 70-75 dollars, the volatility is always present. Especially as the U.S. Agency for Energy Information (EIA) announced that crude oil reserves rose 2.4 million barrels to 365.1 million, exceeding their year's level last at the same time.Economists on average had expected an increase of 200,000 barrels only.

Tuesday, Kuwaiti Oil Minister Sheikh Ahmad Abdullah al-Sabah, said he was "not yet" worried by the decline in crude prices. If no emergency meeting of OPEC is scheduled, the oraganisation plans to "call for more respect of production quotas.

Note that oil prices have tumbled more than 20% since the beginning of the month.

Base metals: purchases restart

Prices on the London Metal Exchange (LME) have started to increase last week on the basis of a wave of buying on the cheap. The increase was frankly started Thursday, following the easing of world stock markets after China denied its intention to reduce the share of its assets in euros.The euro strengthened against the dollar, making them more attractive purchases of raw materials with the U.S. currency.

Copper prices have soared to 7,043 dollars per tonne on Friday, a level last seen two weeks. The aluminum prices reached 2,086 dollars per tonne on Friday, their highest in two weeks. Lead, nickel and zinc gained respectively 0.6%, 1.8% and 3.4% payday loans online.

However, caution remains the watchword. The price volatility is high as evidenced by the slowing of the rebound Friday after the publication of consumer spending by American households down in April after six consecutive months of increases. Overproduction of copper in Chile and increased reserves of aluminum could also disrupt markets.

Precious metals: the gold recovery

Fell from its pedestal last week, gold has recovered to historical levels last week in favor of a new wave of market stress in midweek. Alarmed by the risks in the euro area, investors have once again flocked to the safe haven, pushing prices up to U.S. $ 1218.47 on Thursday, not far from the record of U.S. $ 1249.40 May 14 On the London Bullion Market, an ounce of gold finished at 1207.50 dollars at auction Friday night, cons 1179.75 dollars the previous Friday.

And the prospects of rising oil prices are good for the yellow metal. According to the World Gold Council (BMC), consumption should be taken this year by the expansion of the jewelry in China and India.

The ounce of silver has followed the movement of gold, finishing at 18.53 dollars Friday, against 17.72 dollars last Friday.The platinum group metals have also returned to form more than the football World Cup in South Africa could lead to tensions on the country's electricity supply. A situation that could force the mining groups to reduce their production. The ounce of platinum finished at 1555 dollars per ounce of palladium finished at 471 dollars against 419 dollars a week earlier.

Corn and soybeans climbed in Chicago

The corn and soybean prices rose Thursday on the Chicago futures market, driven by the exchanges and oil. More broadly, the decline of the dollar against the euro makes U.S. production more attractive for export.A bushel of corn ends at $ 3.60 (1.12%) and soybeans to close an $ 9.38 per bushel (0.48%).

Cocoa prices have in turn touched a new high in London this week, boosted by the prospect of tight supplies and growing global demand. Thursday, cocoa for July delivery climbed to 2,451 pounds in London, prices not seen for 32 years, while the same term contract in New York reached 3018 dollars.

Sugar, for its part failed to continue its rebound from the previous week. On Liffe in London, a tonne of white sugar for August delivery was worth 475.80 pounds on Friday. On the NYBOT U.S. a pound of raw sugar for July delivery was worth 14.83 cents.

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