French Labor Minister Wants Fewer Hired on Temporary Contracts
French employers should hire more workers on a permanent basis, rather than on temporary contracts that have become prevalent in recent years, Labor Minister Michel Sapin said in an interview on France 2 television.
Reforms are needed to ensure that permanent work contracts are “the rule,” he said, without giving specific proposals, adding that unemployment will start to decline by end of 2013.
The government plans to raise 20 billion euros ($25.6 billion) in taxes and to cut spending by 10 billion euros as part of a recovery plan, and not austerity measures, Sapin told the tv station.
To contact the reporter on this story: Carol Matlack in Paris at cmatlack@bloomberg.net
To contact the editor responsible for this story: Vidya Root at vroot@bloomberg.net
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