"One important lesson of the French riots is that the European economic model is leaving too many people behind, and that's not sustainable. "
(I forgot to include this too)
All work and no play makes Jacques less likely to riot.
No way! You mean Hayek was right!?!?!
Good God, did you see those Reader comments? It's a commie flood over there! Should we Freep out and throw that columnist a lifeline?
I read that in France the Minimum Wage was twice that of the US.
This makes the Cost of employing an unskilled young worker way more than the Value.
Hence they don't get hired. They loll about in their ghettos, smoking hashish, listening to euro-rap, and now plotting their evening entertainment of burning cars.
Probably the cars of their own, fairly low income neighbors in the ghetto.
This is happening on purpose, very obvious.
bttt
Posted by Vicomte13 to Fred Nerks
On News/Activism 11/07/2005 9:51:51 PM PST · 666 of 691
In France, employment is not employment at will. Once you hire somebody, after a probabtionary period that person essentially acquires "tenure" in that job and cannot be removed, except for cause. Economic needs of a company are NOT grounds for removal: a company desiring to lay-off workers due to economic recession must have its lay-offs approved by the Labor Tribunals, of whose judges a certain number (a third to two thirds) are appointed representatives of the Unions.
To hire a worker in France is, essentially, to marry him.
Further rigidities are built into the system besides the 35 hour work week, the 6 weeks paid vacation, and the various social insurance programs. Also, in the event of a layoff, the business must pay the employee for two years or so after termination. Also, employers are required to give a "13 month bonus", which is to say, to pay employees an extra month of pay as a bonus every year. This bonus is not paid as a lump sum at the end of the year, but is instead divided into paychecks and paid all year.
That is just a starting indication.
(Posting this here, might explain something.)