French Labor Law Needs to Diminish Fear of Hiring, PM Valls SaysMark Deen
French Prime Minister Manuel Valls said the labor law changes planned by his government are intended to to diminish employers’ fear of hiring.
“Fundamentally what we want to demonstrate is that chief executives shouldn’t be afraid of hiring,” Valls said Tuesday on RTL radio. “We’re increasing flexibility. What does that mean? It means they have the opportunity to hire.”
The proposed labor law changes would allow businesses to increase working times with minimal compensation and without real support of unions. The bill may also make it easier for companies to shed jobs, while limiting severance pay. While business lobbies have welcomed the changes, workers’ representatives are protesting.