Good news, French style

Ethel C. Fenig
France greeted its new president Nicholas Sarkozy with some great news:
Unemployment in France has reached a 25-year low - dropping 0.9% in May to 2.2 million, the government said.
Uhm, that's great news for France that is because
The decline takes the jobless rate to 8.1%, still giving France one of the worst unemployment records in Europe.
And there you have it--a major difference between America and France.  Can you imagine the United States tolerating 25 years of unemployment over 8%?  But for France, with its government mandated 35 hour work week--tops--, inability to fire which causes hiring restraint, major riots if a government leader proposes changes in these rigid laws, major riots if government leaders don't propose loosening these laws and voila! paralysis. 


France greeted its new president Nicholas Sarkozy with some great news:
Unemployment in France has reached a 25-year low - dropping 0.9% in May to 2.2 million, the government said.
Uhm, that's great news for France that is because
The decline takes the jobless rate to 8.1%, still giving France one of the worst unemployment records in Europe.
And there you have it--a major difference between America and France.  Can you imagine the United States tolerating 25 years of unemployment over 8%?  But for France, with its government mandated 35 hour work week--tops--, inability to fire which causes hiring restraint, major riots if a government leader proposes changes in these rigid laws, major riots if government leaders don't propose loosening these laws and voila! paralysis.