Friday, February 25, 2005

French Jobless Rate Hits 10%

Here's what an economy based on a mandated 35 hour work week, complete cradle to grave governmental protectionism and economic egalitarianism looks like.
Insee, France's national statistics institute, said unemployment edged to to 10%
in January after five months at 9.9% as the number of people out of work rose to
2.72 million from 2.69 million.
With many of the worlds economies( including the US) experiencing robust growth, You might think the French would consider re-evaluating their economic stance.....NAAAWW

1 comment:

Anonymous said...

The article says that France will gorw at 1.8%. Less than half the US figure.