Austerity blamed as unemployment soars in Spain and France, By Phillip Inman and Giles Tremlett, April 25, 2013, The Guardian: “Unemployment has soared to records in both France and Spain as the impact of government spending cuts and a collapse in consumer confidence forced employers to shed thousands of workers. Spain’s persistent rise in unemployment reached new heights over the first three month of this year, leaving a record 27% of the workforce jobless…”
Tag: France
Youth Unemployment – France
Young French Losing Hope as Prospects Fade, By Julia Amalia Heyer, December 14, 2012, Spiegel International: “As in other struggling European economies, the youth of France face dire prospects. Some 26 percent are unemployed, and almost as many live in poverty. Though the problem has been there for decades, ambitious political programs have improved little…”
Youth Unemployment – France
As youth unemployment soars, France offers to let companies hire young people on its dime, Associated Press, August 29, 2012, Washington Post: “The French government wants companies to hire young people so much that it’s offering to pick up the tab. The new Socialist president, Francois Hollande, told his Cabinet Wednesday that he wants to wage a war on unemployment and unveiled a plan for the government to pay most of the salaries of tens of thousands of young people hired next year. Unemployment in France is 10 percent, but nearly 23 percent for those under the age of 25. That’s an imbalance that many European countries are struggling with: In Spain, youth unemployment is over 52 percent; it’s 34 percent in Italy…”