With his last throw of the dice, to stop unemployment rising, President Hollande has convinced no one ! It has risen 650 000 since May 2012, but every year he has repeated the same expectation, that unemployment will fall before the end of the year.
Now, one new objective is to train 500 000 unemployed people which, statistically, would also reduce the number of workless. This could cost two billion Euros, but when will they be ready trained to work ? Will Employers be prepared to take on more workers before they are sure of an upturn in business ?
Another possibility is the modification of the conditions attached to the 35 hour week. Employers want to be liberated from this millstone in order to become competitive again, even in EU markets. Hollande does not want to be seen abandoning a fundamental right acquired by Trade Unionistes for workers.
The details of these and other ideas must first be drafted, then checked, before adoption in the National Assembly to become Law, which at the earliest, will be about the middle of the month of March !
That Law will probably come too late to help Hollande in his efforts to stand for a second term of the Presidency, but it could be helpful for whoever is elected in May 2017 !
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