This article talks about an increase of unemployment levels in France. A report released by the labor ministry has said that people searching for a job have gone up by 11.5% from last year. The current unemployment level is at 10.2% which is really high but has not beaten the record for the highest unemployment level France saw in 1997. The French president as assured that unemployment levels would be brought down by the end of the year.
This article clearly shows the difficulty and the impact that the recent economic crisis had on the euro zone economies .
http://www.bbc.co.uk/news/business-22301063
This article clearly shows the difficulty and the impact that the recent economic crisis had on the euro zone economies .
http://www.bbc.co.uk/news/business-22301063
This article helps prove what I have been saying for the latter half of this semester. This is a world recession that a large portion of the world is dealing with, perhaps we should all get together and try to figure out the best method. Maybe more minds together could come up with a solution, maybe not. But it is something that could be considered.
ReplyDeleteNot only French but recent statistics have pointed out that unemployment are increasing all over the world. Things seem to be even more serious in developing countries, and there have been no signs of it stopping.
ReplyDeleteThe global economic scenario is indeed alarming. Unemployment has always been one of the major problems of the developing world but in recent years of recessions, a large portion of the developed world is also facing this crisis. Perhaps the World Bank or the IMF can do something substantial and constructive in this situation.
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