Frances economy is a very unstable one in comparison to the one in the United States. Poverty rates are increasing and unemployment is double that of the United States. In other words, France is progressively in an economic decline. The reading offered some perspective, informing me that postwar period, a large portion of French business and industry was state-owned but due to privatization programs, an even larger portion of the French labor force is still in the public sector. The big problem facing France is that of unemployment. According the Roskin, many believe the unemployed may be put off or unenthused from finding employment due to the liberal unemployment and welfare many receive. In the French work force, the firing process is a pain for firms because it is an expensive process because the working class protects wages and jobs through their votes even if said votes create mass unemployment and economic inability. My link concerns French business delegation in Iran. Several executives and prospective investors from a number of France’s sustainable companies attended an Iranian-French business conference in hopes of regaining economic networks alive, due to Iran’s recovering economy.
Personally, It's interesting that the people of France are choosing to emigrate from their homeland to places that are economically safe. I feel that because of this mindset, France is only going to get worse since people are trying to find a quick way to make money instead of investing in their country. I also feel that it is possible that the other countries that take in French citizens may be unable have their economy adapt to the increased population.
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