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in an opinion piece in Le Monde, by Jean-François Couvrat. It's in French, but here are the highlights:

  • the unemployment of 22% for the youth really means that 8% of the youth are unemployed, lower than the EU average (where have we heard that before)

  • Eurostat indicates that the main indicator to assess the flexibility of a labor market and the mobility of workers is the proportion of workers who have been in their job for less than 3 months. That proportion is 6.7% in France, higher than in the UK and than the 4.9% EU average...

  • French companies never stop creating jobs. In 1993, the worst recession year in a long time, they hired 3.6 million people; the number was 4.8 million in 2003, a year with weak growth, and 5.4 million in 2000, a boom year.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Mar 27th, 2006 at 03:54:59 PM EST

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