The Prof
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The number of French unemployed has broken through the 3-million barrier for the first time since 1999, the country's leaders say.
The latest total adds pressure on President Francois Hollande, whose administration is under attack for not doing enough to fix the economy. France's unemployment rate is currently 10 percent.
Breaking the 3 million mark carries more symbolic importance than economic but it was covered extensively in the French media over the weekend. The Ministry of Employment says the 3-million threshold was crossed in 1996 and again in 1999.
Employment Minister Michel Sapin confirmed the total on French radio on Sunday and warned that the numbers would likely get worse.
News from The Associated Press
what went wrong?
aug 8: France's 75% Tax Could Push Rich Into Mass Exodus - Rich thinking of leaving if 75% tax rate is passed
even the nyt reported that there is very little revenue to be gained from the 75% tax, it's purpose is "merely symbolic"
then why impel so many of those with means to flee?
class warfare never works, it only seeks to divide
so does barack obama's overwhelming focus on social issues, which we're all gonna see prominently on pimetime tv in charlotte
party on, progressives
forward---to where?