the period of compensation will lower | EUROtoday

Of all of the tightenings inflicted on job seekers since Emmanuel Macron got here to energy in 2017, the one deliberate for 2024 is especially tight. The Prime Minister, Gabriel Attal, formally revealed, in an interview with La Tribune Sunday of May 26, the content material of the unemployment insurance coverage reform. “We have shown that we are not condemned to mass unemployment,” defined the tenant of Matignon, judging that “If we do not reform unemployment insurance today, we risk stalling on the road to full employment”.

The measures, which is able to come into power on 1^er December, would be the topic of a decree revealed on 1^er July. Most of the federal government's mission had been identified since Wednesday May 22, following conferences between the Minister of Labor, Catherine Vautrin, and the social companions.

The principal change issues the situation for opening rights. You will now need to have labored eight months out of the final twenty to have the ability to obtain an allowance, in comparison with six out of the final twenty-four presently. A change that has critical penalties. In addition to complicating the scenario of younger folks and essentially the most precarious (workers on brief, seasonal, non permanent contracts), this measure can even cut back the utmost period of compensation for all folks disadvantaged of employment beneath the age of 57, going from eighteen months right now to fifteen months.

Tougher guidelines for seniors too

Because because the entry into power of the precept of “countercyclicality” in 2023, the utmost period of compensation corresponds to 25% of the affiliation interval so long as the unemployment price is beneath 9%, i.e., with this reform, fifteen months of most rights for somebody who has labored with out interruption over the past twenty months previous their registration. The authorities can even “reinforce” this countercyclical mechanism: if the unemployment price falls beneath 6.5% – it’s presently at 7.5% – the utmost period of compensation will then be diminished by 40% for go to 12 months.

The guidelines will stay completely different for seniors, however they can even be much less favorable than presently. It is now from the age of 57, in comparison with 55 presently, that the compensation situations shall be extra advantageous than widespread regulation, thus adapting to the two-year postponement of the authorized retirement age. Unemployed folks aged a minimum of 57 shall be entitled to compensation for a most of twenty-two and a half months, in comparison with twenty-seven right now. Gabriel Attal additionally confirmed the creation of a measure that has been within the pipeline for months: if a job seeker over the age of 57 finds a job that’s much less effectively paid than their earlier wage, a “senior employment bonus” will make it potential to fill the hole. miss to win.

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