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'France faces last chance to reform labor market, but must not become like UK and US' [MEDEF head]
TheLocal.fr ^ | 23 June 2017 17:09 CEST+02:00 | Ben McPartland

Posted on 06/23/2017 6:49:56 PM PDT by Olog-hai

The head of France’s biggest employers federation said on Friday that President Emmanuel Macron represented the last chance to reform the country’s rigid labor market, but did not want the country to end up like the US or the UK. […]

While his plans have leftist trade unions seething and warning of mass street protests, the leaders of France’s big companies are unsurprisingly right behind him. “We need to get going quickly,” said Pierre Gattaz, president of France’s employers federation MEDEF, an organization that is reviled by many among France’s hard left. “France won’t have another opportunity. Now we have no option,” Gattaz told members of the Anglo-American Press Association in Paris including The Local. […]

Although the IMF said the reforms didn’t go far enough. many of those who were against it feared it was a step towards a liberalized labor market along the lines of the US or the UK, home to the famous zero hours contracts.

Gattaz said he didn’t see the ultra-liberalized US, UK model as the right one for France. “It’s too far from the French culture,” he told The Local and other members of the Anglo-American Press Association in Paris. “Maybe France will get there in 20 or 30 years time,” Gattaz said. “But I don’t think it’s the right model.”

He believes France should aim for a “midway point” that ensures “flexibility and security” along the lines of the Danish model. …

(Excerpt) Read more at thelocal.fr ...


TOPICS: Business/Economy; Local News
KEYWORDS: eussr; france; reform; socialmarketeconomy

1 posted on 06/23/2017 6:49:56 PM PDT by Olog-hai
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halal approved cheese eating surrender monkeya


2 posted on 06/23/2017 7:31:08 PM PDT by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: Olog-hai

“It’s too far from the French culture,”

Whatever that is these days.


3 posted on 06/23/2017 7:55:25 PM PDT by headstamp 2 (Ignorance is reparable, stupid is forever)
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To: Olog-hai

Look up “zero hours contracts.”


4 posted on 06/23/2017 10:56:45 PM PDT by WatchungEagle
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To: WatchungEagle

Which is the worst of both worlds. Bureaucrats get to claim flexibility while it does nothing more than create another tier of permatemps below contractors. Even worse than the already bad enough “flexicurity”, which itself delivers neither flexibility nor security.

Was tried in the US under the Georgia Works program, but resulted in only 33% conversion. IIRC, it was canned in under two years.


5 posted on 06/24/2017 6:59:48 PM PDT by setha (It is past time for the United States to take back what the world took away.)
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