President announces jobs for youth
The Ministry of Labour, Employment, Vocational Training and Social Dialogue is to bring forward a bill which will create 150,000 youth jobs over the next two years. The bill we be brought before parliament which is to be recalled two weeks earlier than intended and will now sit from 10th September.
The bill will create jobs for a target group of 16 – 25 year olds who do not have a university degree. There are an estimated 500,000 young people in this category across France. Those helped are likely to come from urban and rural areas hardest hit by unemployment.
The press release on the president’s website states that 100,000 jobs will be created in 2013 and will be increased to 150,000 by 2014. The release states that 75% of gross remuneration will be supported by the state in the first three years of the scheme. The legislation will come in to force on 1st January 2013.
The initiative comes as the ministry announced the 15th consecutive month of rising unemployment in France; an additional 41,300 job seekers joined the unemployment register in July.