Tue. Jun 25th, 2024
Government unity on work and unemployment insurance led by Gabriel Attal

Following a significant deficit in the budget, the government is now looking to make savings. Gabriel Attal gathered the entire government in Matignon on Wednesday morning for a seminar similar to a Council of Ministers meeting, focusing on work-related topics. The Prime Minister will later be interviewed by TF1 on the 8 p.m. news.

The government is considering various avenues to boost employment and save money, including a new unemployment insurance reform that unions are contesting. One of the key proposals being discussed is a reduction in the duration of compensation for the unemployed, with the argument that structural reforms are necessary to achieve full employment. This proposal is expected to take at least a year to have an impact on public accounts. The government is looking for financial margins to address the deficit, especially in the employment sector where few margins currently exist.

After a significant increase in France’s public deficit, reaching 5.5% of GDP in 2023 according to INSEE, the government had to make 10 billion euros in cuts in mid-February on the 2024 budget. Additional savings will be necessary this year and especially in the 2025 budget, estimated to be “at least 20 billion” euros. Social spending, such as unemployment insurance, is a target for the government to address the deficit that escalated out of control last year.

In addition to these economic and political discussions, there are various topics related to sports betting, online payments, gaming, and alternative writing tools covered in the surrounding content. These articles touch on a wide range of subjects from mobile payment apps evolution to top mistakes people make when paying for online games and provide diverse and informative looks at these topics for readers’ exploration and learning purposes

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

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