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Tuesday 24 October 2017

French 35-hour week slammed

europe

France should scrap its 35-hour work week, raise the legal retirement age and lower the minimum wage if it hopes to bring down chronically high unemployment and stimulate growth, the country's main employer group said yesterday.

Ibec equivalent Medef said that if implemented, its proposals would help Europe's second-largest economy create a million jobs over the next five years.

France's unemployment rate is stuck above 10pc, with nearly 3.5 million job seekers registered in July.

Unions reacted with outrage earlier this month when some of the proposals were leaked in local media, prompting Socialist Prime Minister Manuel Valls (above) to urge all parties to steer clear of "provocations".

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