French Students Shoot Themselves
French students are protesting the new law which will allow companies to fire workers under age 26 if they've been working for the company for less than 2 yrs. Under existing legislation, it's very costly and difficult to do so.
As Caroline Baum indicates,
So they're protesting job security, before they can actually find a job itself. The unemployment rate for French under 25 is at depression era levels, at 22%, and it's because no global company, in their right mind, would ever invest in this sort of inflexible environment. Jobs are moving to eastern Europe every day.
As Caroline Baum indicates,
that companies might actually hire a few more folks if they had greater flexibility -- seems to have gone right over the young tetes des eleves
So they're protesting job security, before they can actually find a job itself. The unemployment rate for French under 25 is at depression era levels, at 22%, and it's because no global company, in their right mind, would ever invest in this sort of inflexible environment. Jobs are moving to eastern Europe every day.
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