Unemployment rate, Business Economics

In 2007, Segolene Royal, in an unsuccessful bid for president of France, says that employees who lost their jobs would obtain unemployment payments equivalent to 90% of the previous wages during their first year of unemployment.  If this proposal were enacted, what would likely be the effect on the unemployment rate in France? Why?

Posted Date: 3/22/2013 6:03:49 AM | Location : United States

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