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flash9286
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why are unemployment rates so high in france in germany
France-8.90
Germany-7.90
Usa-4.80
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Spiffor
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CPA - Evil Clone brigade
Nov 2001 time: 06:26
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European calculations (at least France's but I guess it is a European standard) don't take those who gave up looking into account either.
Many reasons can explain the high unemployment in France and Germany, but the first one is the lack of adaptation to the high-tech economy.
Most of the old activities, especially industry, get moved into low-wage countries, and the workers cannot convert to high-tech jobs where there is hiring, because they are not educated enough to do.
Also, our unemployed have a safety net, and do not have to accept any indignant shitty job to merely survive. They can look for something corresponding to their formation, or at least remotely respectful of human dignity (exception being big distribution).
Also, we have to notice the disastrous economic policies in the EU, since budgetary policies are still decided by the states, while monetary policies are decided at the European level (normally, both kind of poilicies must be decided on the same level to be effective).
The fundamentalism of the European Central Bank hinders deficit spending, growth and employment for the sake of limiting overall inflation to less than 2%. This partly explains why Britain is doing better, since it is not limited by the ECB's dogma.
Lastly, poor economic foresight, general distrust in the future and incompetent leadership make things worse.
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