End of 35-Hour Work Week in France
France is now in the process of revoking it's 35-hour work week. The shorter work week has proved to be a huge drain on the economy
But with unemployment at 10 percent, politicians of all stripes acknowledge that the country's unique 35-hour law has failed in its original ambition: to force employers to hire massively. What's more, there are strong signs that it hurt living standards as employers froze salaries to make up for lost labor.
Amid soaring unemployment and stagnating wages, the reform is supported by jobseekers and even by factory workers, according to a survey that pollsters CSA published last month — and by 46 percent of the overall population, with 43 percent opposed.Hat Tip: Right Thinking from the Left Coast
There are other signs that the vision expounded by former Prime Minister Lionel Jospin's Socialists now rings hollow in some surprisingly left-wing constituencies.
Often touted as the working mother's godsend, the 35-hour week actually made life harder for poorer women and single parents, according to women's organization CLEF.
"The women that suffered were the lowest paid, who needed all the overtime they could get to make ends meet," said CLEF president Monique Halpern. "I think this is one of the reasons that Lionel Jospin lost the elections."
Clara Gaymard, the globe-trotting head of the French International Investment Agency, contends the 35-hour week has damaged investment in France, mainly because of its negative image in countries like the United States — France's biggest source of investment.
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