Labour market of french tpr soles

Eva sole Tpr soles Tengda
The French GDP per capita is a bit smaller than the GDP per capita of other comparable European countries such as Germany and United Kingdom, and is 30% below the US level. GDP per capita is determined by (i) productivity per hour worked, which in France is the highest of the G8 countries in 2005, according to the OECD,[27] (ii) the number of hours worked, which is one the lowest of developed countries,[28] and (iii) the employment rate. France has one of the lowest 15-64 years employment rates of the OECD countries: in 2004, only 68.8% of the French population aged 15-64 years were in employment, compared to 80.0% in Japan, 78.9% in the UK, 77.2% in the US, and 71.0% in Germany.[29] This gap is due to the very low employment rates at both age extremes: the employment rate of people aged 55-64 was 38,3% in 2007, compared to 46,6% in the EU15;[30] for the 15-24 years old, the employment rate was 31,5% in 2007, compared to 37,2% in EU25.[31] These low employment rates are explained by the too high minimum wages which prevent low productivity workers – such as young people – to easily enter the labour market,[32] ineffective university curricula that fail to prepare students adequately for the labour market, and, concerning the older workers, restrictive legislations on work[33] and incentives for premature retirement. The unemployment rate has recently decreased from 9.0% in 2006 to 7.2% in 2008 but remains one of the highest in Europe.[34][35] Both the low employment rate (people at work are the more productive of the society) and the short working duration explain the artificially high productivity.[36]
Shorter working hours and the reluctance to reform the labour market are mentioned as weak spots of the French economy in the view of the right, when the left mentions the lack of government policies fostering social justice. Many liberal economists[who?] have stressed repeatedly over the years that the main issue of the French economy is an issue of structural reforms, in order to increase the size of the working population in the overall population, reduce the taxes' level and the administrative burden. Keynesian economists have different answers to the unemployment issue, and their theories led to the 35-hour workweek law in the early 2000s, which turned out to be failure in reducing unemployment. Afterwards, between 2004 and 2008, the Government made some supply-oriented reforms to combat unemployment but met with fierce resistance, especially with the contrat nouvelle embauche and the contrat première embauche which both were eventually repealed. The current Government is experiencing the Revenu de solidarité active.