[Newsbot]

Title: French unemployment tops 3 million as economy struggles
Category: Business
Posted By: martin14
Date: 2012-09-27 00:16:59

[Canadiana55]

Well, I'll be the first to say it. They admitted far too many immigrants over the last decade. Sound familiar?

[Brenda]

They have over 65 million people in that country. More than twice as much as Canada.
3 million of them are unemployed. 1.4 million Canadians are unemployed. I don't really see the shock of the numbers here.
I guess the magical "3 million" line was crossed.

[andyt]

Brenda Brenda:

They have over 65 million people in that country. More than twice as much as Canada.
3 million of them are unemployed. 1.4 million Canadians are unemployed. I don't really see the shock of the numbers here.
I guess the magical "3 million" line was crossed.

Shows the absolute failure of socialism if they have an unemployment rate of almost 5%. We're so much better off having a rightwing govt in place to protect us from that sort of madness, because we have an unemployment rate of of only 7.3%... Oh, wait...

[BartSimpson]

The current unemployment rate in France is in excess of 10% of the labor force and that total does not include college graduates and other young people who have never had a job. Factoring in those people you get to an unemployment rate of close to 18%. Among muslims age 18-26 the unemployment rate is 54% as of last month.

(Sources on Lexis.)

[andyt]

Yes, my mistake dividing the unemployed into the total population.

[BartSimpson]

andyt andyt:

Yes, my mistake dividing the unemployed into the total population.

No big deal.