Site Meter The Lawyer Trader: Yikes...

Thursday, June 7, 2012

Yikes...

France is having some employment problems...not an uncommon problem for many countries today.  It's not the employment problem that is scary, it is the socialist president's ideas of how to suppress further unemployment that is down right terrifying.  Here is a section from this article:

Employment statistics from France reinforced recent data showing a slowdown in the European labor market. The jobless rate in metropolitan France rose in the first quarter of 2012 to 9.6 percent, up 0.3 percentage point, the national statistical agency, Insee, reported.
 Faced with the growing jobless problem, the new Socialist president, François Hollande, is planning new rules to make it more expensive to lay off workers, the a French minister said Thursday.
 Labor Minister Michel Sapin told France Info radio that the government would try to make “layoffs so expensive for companies that they’re not worth it.”

Way to go France.  Looks like you have a real winner on your hands.

TLT 

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