Home » Economy, Europe, Protests » French workers hold demo to save jobs


French workers hold demo to save jobs

 
 
 
 
submit to reddit

jammas.hussain20130226224213583
Goodyear employees gather around burning tires outside the Goodyear tire company in the northern French city of Amiens on February 26, 2013.

French workers have held a demonstration in the northern city of Amiens against the impending closure of a troubled tire plant in the city.

The workers at Goodyear Dunlop Tires France have been trying to save their jobs for more than five years, but in a last-ditch effort, they decided to burn tires outside the factory on Tuesday, the Associated Press reported.

They are trying to prevent owners from moving the plant to China.

Efforts to find a new buyer have failed, and the plant is scheduled to be closed next year.

Industrial sites across France are struggling in Europe’s financial downturn, and Amiens suffers from an unemployment rate of 12.5 percent.

According to an opinion poll conducted by the French research company IPSOS in January, more than half of the people in the country are worried about unemployment and job security.

The survey also showed that 41 percent of those surveyed are concerned about a decrease in their purchasing power.

In November 2012, Moody’s Investors Service downgraded France’s credit rating from AAA to AA1 and gave a negative outlook for the French economy, indicating it could be downgraded again.

Source

Please wait...


RELATED ARTICLES

Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.



Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.