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davepamn

February 17, 2009 03:28 PM

Has France taken action to reduce its double digit unemployment?

Has the European economic integration paralyzed France from being competitive in the global marketplace?

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kalane

February 17, 2009 09:36 PM

France has recently agreed to make sweeping changes to their labor market. Gilles Saint‑Paul, Toulouse School of Economics and Scientific Advisor to the Economic Studies Directorate at the French Ministry of the Environment, recently wrote an article detailing the changes and the effects they may have.
Source(s):
http://www.voxeu.org/index.php?q=node/893

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foforos24

June 04, 2009 09:16 PM

Unemployment rate isn't a double digit in France like you said. It was 7.6% in october 2008 when world crisis began and now it's 8.7% (first quarter of 2009).
Source(s):
http://www.francesoir.fr/societe/2009/06/04/chomage-france.html

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davepamn

June 05, 2009 12:11 AM

Thanks for the clarification.

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foforos24

June 05, 2009 06:11 PM - New Source

Actually unemployment rate in France was the lowest for the last 25 years in 2008. In June 2009 it rose to 8.7% and it's about the same as Europe' average unemployment rate.

As a comparison: Unemployment in the U.S. rose to 9.4% in May 2009. The May unemployment rate is the highest in 25 years.

Source: http://www.france24.com/fr/20090604-taux-chomage-christine-lagarde-france-premier-trimestre-emploi-2009

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