This is an interesting, undercovered subject. You sort of lose me at the end, however.
If there are definitional and other differences between the way France and the US measure and create unemployment, I think they work the other way.
First, I don’t understand the logic of D.Davies. For example, if you reduced student subsidies, that would increase unemployment because some of those students would now be forced to look for work.
What about all the created, subsidized jobs and internships that France creates that would otherwise be unemployment?
What about the more rigorous mandatory retirement laws? What about the ex-pats working elsewhere (London comes to mind, but all the French working, legally or otherwise in the US as well)? There are other elements as well, but I need some French roast…
