the federal government is banking on 3.6 billion euros in financial savings and the creation of 90,000 jobs | EUROtoday

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The Minister of Labor, Health and Solidarity, Catherine Vautrin, on May 21, 2024, at the Elysée, in Paris.

The authorities expects the unemployment insurance coverage reform to generate 3.6 billion euros in financial savings and permit the creation of 90,000 jobs, Agence France-Presse (AFP) discovered from the Ministry of Labor on Wednesday. May 22.

The government hopes to realize these targets by reforming the foundations for compensating job seekers by a decree, the outlines of that are offered by the Minister of Labor, Catherine Vautrin, to a number of union and employer organizations, earlier than a proper announcement this week subsequent.

At the top of this assembly, the president of the French Management Confederation – General Confederation of Executives (CFE-CGC), François Hommeril, declared that the federal government supposed “harden” the situations permitting entitlement to unemployment insurance coverage. According to him, the brand new reform will present that it will likely be essential to have labored eight months within the final twenty months, as a substitute of six months within the final twenty-four months at the moment.

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The reform unveiled at first of subsequent week

Mr. Hommeril additionally reported that the federal government needed to create a “bonus upon return to employment” for seniors, however on the identical time cap compensation for unemployed individuals near retirement. The union consultant sees it as a measure “anti-frameworks” And ” intolerable “.

Mr. Hommeril additionally famous that the federal government deliberate, following the pension reform and the rise within the retirement age to 64, a modification of the age limits giving entitlement to an extended interval of compensation. These limits have to be raised by two years. The risk of a deficiency earlier than the beginning of compensation and that of a modification of the length of compensation had been, nonetheless, not talked about.

The minister should nonetheless obtain the social companions on Thursday. According to these round her, she needs “the government copy may evolve following these consultations”whereas the reform have to be unveiled at the start of subsequent week.

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The World with AFP

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