French employers to end role with jobless program

Employers dealt a blow to the French Socialist government's efforts to win consensus for its economic austerity program, saying they were withdrawing from a 24-year-old agreement under which they administered the state unemployment fund jointly with trade unions.

The employers' decision to withdraw will force the government to take over responsibility for the fund. Social Affairs Minister Pierre Beregovoy stepped in last month and imposed higher contributions on both employees and employers after they failed to agree on measures to plug an expected $4 billion deficit next year.

Share this story:

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK