France says 35-hour week is failing

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Awwwwww... Couldn't happen to a nicer bunch of weasels - from the Chicago Sun-Times: bq. The French government Monday described the 35-hour working week as a financial disaster that was costing the state billions of dollars and promised to reform the system despite fierce union opposition. bq. The finance minister, Nicolas Sarkozy, said that the 35-hour week had burdened the state with additional social charges and that it had demoralized millions of workers. bq. "The Socialists made a decision which is not compatible with our responsibilities to Europe," he said. He suggested a system whereby those who wanted to stay on the 35-hour week could do so, but those who wanted to work and earn more had greater latitude. bq. The 35-hour week came into effect in 1997, as the Socialists' idea for reducing unemployment. Unemployment now is just under 10 percent. And people still think that Socialism (and/or Marxism and Communism) works?

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Dave at Synthstuff links to this brief article. PARIS -- The French government Monday described the 35-hour working week as a financial disaster that was costing the state billions of dollars and promised to reform the system despite fierce union Read More

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This page contains a single entry by DaveH published on May 18, 2004 2:15 PM.

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