Re: Euro, Europe

["Mason A. Clark" <masonc@xxxxxxxxxxxxx>]

  Barkley Rosser noted:

    " There is also a tendency to labor market
 segmentation in the EU.  Thus, I know that in France, or at
 least in the vicinity of Paris, something like 90% of the
 concierges are Portuguese.  Actually they are now
 properly called "gardiennes" these days, as "concierge" has
 come to have a politically incorrect overtone. Dual labor
 market folks. "
-----------------

   In the U.S. (I write from California) the concierges are
   Mexican and are no longer called "janitors" but "custodians".
   The "maids" are "housekeepers" - formerly reserved for wives.

   (And the mowers of lawns are "gardeners" - also Mexican.)

   Be it also noted that without them our *per-capita* GDP would
   be lower than it is.

   Also note that - in California - the "dual labor market" extends
   across the border, both by labor flow and by capital flow.

   There is no longer a determinable "zero" of unemployment, if there
   ever was.  The mothers are mostly already in, but there still
   stands a vast pool of labor ready to enter the EU and U.S. market.

   A shipload of Chinese came ashore last week. What's holding back
   the sea-going Indonesians?  What does this do to econ theories?

       Mason C.