Explainer-Why France is making a new push to reduce unemployment benefits

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada Headlines News

Canada Latest News,Canada Headlines

Explore stories from Atlantic Canada.

PARIS - France's government is looking to shorten the period people can claim unemployment benefits to strengthen incentives to work as it struggles to keep its deficit reduction plans on track.The government considers that previous efforts to rein in unemployment benefits did not go far enough and a new push is necessary to get more people back into jobs.

The latest reform aims in particular to get more older workers into jobs as long-term unemployment tends to increase with age.After decades of stubbornly high unemployment, President Emmanuel Macron has promised to cut joblessness to 5% by the end of his five-year term in 2027. Le Maire frequently argues that bringing employment up to German levels would boost overall tax income and payroll contributions, helping to significantly reduce the public sector budget deficit.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Explainer-Why did the Baltimore bridge collapse and what do we know about the ship?Explore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Explainer-Why is the EU probing Big Tech under the Digital Markets Act?Explore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Explainer-Why is the EU probing Big Tech under the Digital Markets Act?The European Union on Monday launched investigations into Alphabet, Apple and Meta for potentially breaching a landmark new law designed to prevent Big Tech ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Explainer-Why did ISIS-K attack a Moscow theater?Explore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Why is Japan changing its ban on exporting lethal weapons, and why is it so controversial?TOKYO (AP) — Japan's Cabinet OK'd a plan to sell future next-generation fighter jets to other countries on Tuesday, its latest step away from the pacifist...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Explainer-What's next for Trump in his New York criminal and civil cases?Explore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »