Tuesday, June 06, 2006

France: Government Proposes Helping Unemployed Older Workers

According to an AFX News story in, French Prime Minister Dominique de Villepin has "unveiled proposals aimed at boosting employment among older workers, notably via the creation of a new medium-term jobs contract." Specifically, a 'Senior Fixed Term Contract' would be available to unemployed persons over 57 years old, would last 18 months, and would be one-time renewable.

The government's proposals would also, over union objections, phase out a tax on companies that fire workers over 50 years old, with the government arguing that the tax discourages firms from hiring such employees.

The proposals were also announced on the Prime Minister's website.

Source: "France unveils jobs-for-seniors plan" (June 6, 2006)

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