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The quality of the workforce represents one of the most important factors in terms of competitiveness in a global economy. In France, this quality is largely due to the high level of qualification. To reach a high level of skills, educationnal expenditures amounted to 108 billions euros, equivalent to 7% of the GDP in 2002, 17 billions being for high level education. In 2003 there were 2 209 000 students, 49 000 more than in 2002. In total, 30% of the workforce has received post-secondary education (OECD, 2000).
The GDP per employee in French private business is 51 500 US$ ahead of the United Kingdom (50 900), Germany (42 700) and Spain (35 500) according to the World Competitiveness Yearbook 2002.
| Workforce (in millions, in 2003) |
26,5
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| Participation rate - men (in 2003) |
74,6
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| Participation rate - women (in 2003) |
63,4%
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| Unemployment rate (as at 31.12.03) |
9,7%
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| Yearly average take home pay (in 2001) |
20 270 €
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| Gross saving rate (as % of disposable income) |
15,60%
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| Hourly minimum wage (in 2003) |
7,19 €
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