' Founder Peter Schwab said ` ` technological revolution '' could increase unemployment . Schwab said : `` France is a large economy and in the last reports it has come down , I hope , now the necessary steps are taken to improve France 's competitiveness . '' Unemployment across the EU has remained stubbornly high at 10.9 % since May . Schwab said policymakers are facing a ` ` generational crisis of tremendous magnitude ''
' Founder Peter Schwab said ` ` technological revolution '' could increase unemployment . Unemployment across the EU has remained stubbornly high at 10.9 % since May . Schwab said policymakers are facing a ` ` generational crisis of tremendous magnitude ''