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Same for the employment rate (only to 2003 in the graph below)
The result is that participation rate has stagnated in France - since 2002. So let's not blame "socialist" policies for the fact that France is not working enough - the problem is rightwing immobilism.
In the long run, we're all dead. John Maynard Keynes
Considering 35 H, i think it is a courageous political act and on the whole beneficial to the economy short term because it brought flexibility and also ~ 200 000 jobs (controversy on the right number). And also leisure time I don't know if it was beneficial in the long term, because the bad performances of our economiy, relatively to other european countries, after 2002 could be linked to what was made before (there's a lot of inertia)
But apart from theese small adapations, i really think that the european model is in great danger, because 1,3 billion people in China are in the line to get more purchasing power.
This war, "economical war" one used to say, cannot be won by lowering our low-qualified wages. We 're too far from them. So there's a need to be more productive
By "more productive" I mean raise production. And this means innovation and time-to-market through better use of NTIC
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