French President Hollande says he won't seek re-election if unemployment remains high

French President Hollande says he won&#039;t seek re-election if unemployment remains high — (Image credit: Getty Images)

If he's not able to reduce unemployment by the end of his five-year term, French President François Hollande says he won't run for re-election. Hollande, whose approval rating has dipped down to 12 percent, also promised not to introduce any new taxes during his term. The president made the pledges during a 90-minute television interview that many consider a last-ditch effort to salvage his agenda.

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Laura Colarusso is a freelance journalist based in Boston. She has previously written for Newsweek, The Boston Globe, the Washington Monthly and The Daily Beast.