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As the French economy is quite a broad topic, I’ll just focus on the main points of interest in France, such as unemployment rates, the Euro crisis, and finally on a more positive note, the perceived strengths of the economy.
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The French Economy
There is a popular view, often seen or heard in the media, that the French economy is somehow vastly different in its operation from other modern economies. France’s economy is also depicted as a rogue economy as workers seem to be constantly on strike, businesses are being held hostage to powerful unions and finally, free enterprise is virtually impossible.
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The French Economy
There is a popular view, often seen or heard in the media, that the French economy is somehow vastly different in its operation from other modern economies. France’s economy is also depicted as a rogue economy as workers seem to be constantly on strike, businesses are being held hostage to powerful unions and finally, free enterprise is virtually impossible.
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1. Doubling the number of ''enterprise zones'' in which new businesses are exempt from local taxes for 10 years. They can also write off 100 percent of new commercial and industrial buildings, and are freed from costly regulations and paper work. 2. Putting a hoped-for 130,000 people who have been out of work for at least six months on community and voluntary jobs such as building church walls, digging gardens for the elderly, and repairing village halls. 6.
3. Doubling the number of ''enterprise zones'' in which new businesses are exempt from local taxes for 10 years. They can also write off 100 percent of new commercial and industrial buildings, and are freed from costly regulations and paper work. 4. Putting a hoped-for 130,000 people who have been out of work for at least six months on community and voluntary jobs such as building church walls, digging gardens for the elderly, and repairing village halls. 6.
French President, Francois Hollande has vowed to turn around the rising trend in unemployment by the end of the year, but he is facing an increasingly difficult task as the economy is in the doldrums and growth is forecast to be extremely slow going into 2014.
Although the President had no ideas of his own, he implemented 3 strategies to reduce unemployment suggested by the UK. These have also been implemented in other parts of the European Union. The ideas are: 5.
French President, Francois Hollande has vowed to turn around the rising trend in unemployment by the end of the year, but he is facing an increasingly difficult task as the economy is in the doldrums and growth is forecast to be extremely slow going into 2014.
Although the President had no ideas of his own, he implemented 3 strategies to reduce unemployment suggested by the UK. These have also been implemented in other parts of the European Union. The ideas are: 5.
Unemployment
Unemployment in France would have to be one of the most prominent problems the French economy is facing. A total of 11% of the French population is unemployed and that rate is continuing to climb. That is 7 million, 163 thousand and 075 people are currently unemployed. When you think about it, this is an incredible number of people who don’t have work and can’t pay their bills or buy food. The jobless rate has hit its highest level since 1998 where unemployment was at approximately 10.9%. 3.
Unemployment
Unemployment in France would have to be one of the most prominent problems the French economy is facing. A total of 11% of the French population is unemployed and that rate is continuing to climb. That is 7 million, 163 thousand and 075 people are currently unemployed. When you think about