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France Raises Minimum Wage by 3 Percent
The Associated Press ^
| June 26, 2006
| The Associated Press
Posted on 07/02/2006 9:31:02 PM PDT by george76
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The current unemployment rate will be going up again...
1
posted on
07/02/2006 9:31:06 PM PDT
by
george76
To: george76
This is right on the heels of their airline tax for the poor funneled through the UN.
This should be pretty cool. I've never seen a country self-destruct via democracy before.
2
posted on
07/02/2006 9:32:42 PM PDT
by
xrp
(Fox News Channel: MISSING WHITE GIRL NETWORK)
To: xrp
Those yoots will be burning cars again...
3
posted on
07/02/2006 9:34:37 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
The current unemployment rate will be going up again They can't fire people ..
More like going out of business
4
posted on
07/02/2006 9:37:38 PM PDT
by
Mo1
(http://www.youtube.com/watch?v=ePb6H-j51xE&search=Democrats)
To: george76
Hard to say which will collapse first, France or Zimbabwe.
5
posted on
07/02/2006 9:38:05 PM PDT
by
facedown
(Armed in the Heartland)
To: MadIvan; fanfan
Does France have a law that an employer can not fire any employee ?
Even theft from the employer, business downturns, etc ?
6
posted on
07/02/2006 9:38:59 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
$10.39? That's ridiculously high. Also 17% over four years far exceeds inflation.
It should be $5.15 in 1997 dollars, adjusted for inflation, IMO...which would make it about $6.20 today.
To: Heartofsong83
This should do it.
Why would anyone would start a business and hire anyone in France ?
Or even hire an employee for an existing business !
Their unemployment rates should go up some more.
8
posted on
07/02/2006 9:45:46 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
French Finance Minister Confirms France '06 Growth Of 2%-2.5%
Breton, who was speaking on French radio, also said he still believes France's unemployment rate could fall to 8.5% by April 2007, if the economy's current momentum is maintained. In May, French unemployment saw its largest drop in six years to 9.1%.
The finance minister also announced that the government would raise the interest rate on pass book savings accounts by at least 0.25 percentage point at the beginning of August.
9
posted on
07/02/2006 9:46:22 PM PDT
by
Lunatic Fringe
(Man Law: You Poke It, You Own It)
To: Mo1; george76
The current unemployment rate will be going up again
They can't fire people
Yes, but they will hire even less of those that enter the work force.
Does France have a law that an employer can not fire any employee ?
Yes, they have a law that they can't fire people (MAYBE if they are arrested and sent to prison). Remember the riots a couple months ago where the streets got real hot because the government wanted to allow employers to let anyone under 26 go in the first year of employment. The French government surrendered on that one too.
Unemployment WILL go up in France -- for many reasons besides their minimum wage.
To: Jackson Brown
Thanks.
France sounds like a huge disaster...waiting to happen.
I know there were all those riots in France, Belgium, etc. last year.
But it seems that it will get alot worse in the years ahead as the muslim population expands and the native French die off.
11
posted on
07/02/2006 9:55:49 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
The 3.05 percent increase will boost the hourly minimum wage to $10.39...a raise that will apply to 2.5 million workers.
I predict 1/3 of 2.5 million will be unemployed with 6 months and another 1/4 of the 2/3 left after a year !
12
posted on
07/02/2006 9:56:37 PM PDT
by
ATOMIC_PUNK
( have long feared that my sins would return to visit me and the cost would be more than I could bear)
To: george76
I'll bet that will help the unemployment rate (not.)
Idiots.
13
posted on
07/02/2006 10:00:01 PM PDT
by
RichardW
To: george76
That will boost the number of jobs for teens for sure!
14
posted on
07/02/2006 10:06:34 PM PDT
by
Proud_USA_Republican
(We're going to take things away from you on behalf of the common good. - Hillary Clinton)
To: Proud_USA_Republican
The youths will be burning cars again.
15
posted on
07/02/2006 10:10:59 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
The only reason France hasn't completely imploded economically is that someone else pays for and provides all its military protection.
This has allowed them for decades to pull this crap.
But I'd say within 20 years, even thats not going to be enough to save them.
16
posted on
07/02/2006 10:13:01 PM PDT
by
Proud_USA_Republican
(We're going to take things away from you on behalf of the common good. - Hillary Clinton)
To: george76
Soccer is France's only hope now.
To: Proud_USA_Republican
France and their politicans got Sadaam's oil for cover money. But that is over.
French wine sales have not been great. I read that they were even pulling up some vineyards.
Looks ugly.
18
posted on
07/02/2006 10:18:22 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76
Great idea to jumpstart a sluggish economy with a sky high unemployment rate.
With an unemployment rate of close to 11% why not? Unemployed people don't collect any wages, let alone minimum, they just stay on the dole.
19
posted on
07/02/2006 10:20:25 PM PDT
by
Cincinna
(HILLARY & HER HINO WANT TO TAKE OVER YOUR COUNTRY !)
To: HarmlessLovableFuzzball
Brazil was not good. Their players looked slow compared to other Brazilian teams in other years.
Not to take away from the French soccer effort, but did Brazil only have one shot on goal when France won ?
20
posted on
07/02/2006 10:20:54 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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