Thursday, 1 May 2008
Unemployment in France
In May the unemployment has increased in France which will affect negatively the popularity of Nicolas Sarkozy. Compare to February the number has raised by 8200 unemployed and reach 1,9 million people. French blame on the government but the finance minister said that the reason behind the increase is the current situation in the world, the strong euro, US recession. The french socialist party blame the new government for the increase as they don´t like the reforms and the attitude of new elected French president. There are reforms the government has brought like CPE or CNE which were suppose to reduce the unemployment but we see that the problem is that in France the market place is to rigid and dimissal is too hard. With more flexible contract, companies will tend to hire more young people which gain experience for the job and with time reduce unemployment in the country.
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