NEW LABOUR REFORMS
Emmanuel Macron’s government has unveiled labour law reforms in a bid to tackle France’s mass unemployment and boost the country’s job market. The reforms will make it easier for companies to hire and fire employees and put an end to France’s ‘job for life’ culture. The new measures will particularly benefit small- and medium-sized companies, which employ more than half of France’s workforce. The reforms include limits on compensation payments for wrongful dismissal, and workers making a claim will now have a maximum of one year in which to proceed. France’s unemployment rate currently stands at 9.5%, almost double that of the UK, and it is hoped the reforms will help reduce these figures. Macron commented that they were “turning the page on three decades of inefficiency”, however protest marches against the reforms have already begun in cities across France.