Economy
With 44 billion euros, Lorraine generates 3.4% of France's GDP, and ranks 8th out of the 26 regions of France. The logistics and service sectors have experienced the strongest growth in recent years, while the traditional industries (textiles, mining, metallurgy) have experienced a decline and consequently the region has experienced a major difficulty with a rising unemployment rate that is near the national average. In 1997 the last iron ore mine in Lorraine, which once produced over 50 million tonnes of iron, was closed.
| Lorraine | France | |
|---|---|---|
| GDP 2000 | 44.3 Billion Euros | 1.816 Trillion Euros |
| Agriculture | 2.5% | 2.8% |
| Industry | 30.7% | 25.6% |
| Service | 66.8% | 71.6% |
| Unemployment June 2002 | 8.4% | 9% |
Read more about this topic: Lothringen
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)