Tightening benefits will not be enough to return to full employment
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ANALYSIS – Playing on the compensation slider alone to encourage the unemployed to return to work will have no effect on the vast majority of them.
Emmanuel Macron is certain: to return to full employment in 2027, we must change the rules of the unemployment benefit scheme depending on the labor market. A “unemployment insurance stricter when too many jobs are unfilled, more generous when unemployment is high”he promised the French in his campaign program.
Since his first election in 2017, the President of the Republic has had unemployment benefits in his sights, on the grounds that they would be too generous and would not encourage people to return to work. A variation of the French preference for unemployment… He has already filed several rules (of affiliation, degressivity of allowances, bonus-malus) to accelerate the resumption of positions. For the time being without result, its reform being too recent (it came into force in the fall of 2021) to have already borne fruit.
Read alsoNo, inflation is not the friend of debt
If there are still grains to grind in terms of compensation, the Head of State would be inspired not to base his objective…
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