French Payroll Cost Cuts Will Create Jobs, Bertrand says on RTL

Cuts in payroll costs paid by employers will create jobs and increase competitiveness, Labor Minister Xavier Bertrand said on RTL radio.

“Each time you lower costs, it favors employment,” Bertrand said in the interview. He didn’t say how many jobs the measure would create.

To contact the reporter on this story: Adria Cimino in Paris at acimino1@bloomberg.net;

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net

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