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Rhone Alpes EconomyIn the last decade, the economy of the French region Rhone Alpes has known a general increase. Rhône-Alpes is a prosperous region, its economy second in size only to Île-de-France in France. This can be attributed to the diversity of the production in different sectors.
In the past mining, especially coal mining was an important sector, particularly around Saint-Étienne, although this has declined. It should be noted that the area of the region that lies close to Switzerland has an economy linked to that of Geneva. Indeed, this area forms a hinterland for the Geneva hub. Nevertheless some branches of the regions economy (such as industry, property building or tourism) have had problems with providing new jobs or even with keeping pre-existing employment. Rhone Alpes has an unemployment rate of 6.2%. This region also offers financial and physical support for people in need such as elderly people, disabled people, unemployed people...
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