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Tuesday, May 18, 2004

France says 35-hour week is failing

The 35-hour week came into effect in 1997, as the Socialists' idea for reducing unemployment. Unemployment now is just under 10 percent.

That low, huh? So, they leave out the answer to the obvious question... what was the unemployment rate in 1997?

Update: This article, which it seems was prematurely optimistic about the 35 hour week, states that unemployment reached its peak in 1997 at 12.4%.

Permalink | 1 Comment | Tags: Opinions/Politics | id 4911

23:38 (utc-4)
edited: 2004-05-19 01:42 (utc-4)

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Keith Gaughan (http://talideon.com/) wrote:

You ought to read Sixty Million Frenchmen Can't Be Wrong: Why We Love France but Not the French. It's quite a good book.

∴ Keith Gaughan | 19-May-2004 9:24am est | http://talideon.com/ | #4608

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