President of the French Business Movement (MADEF), Patrick Martin, predicted, Tuesday 6 February, BFM Businessthat ” Tightening unemployment benefit rules is not enough » To achieve full employment.
Speaker in Good morning businessMeddef boss urged to work on country’s competitiveness “And not just on unemployment rules to achieve full employment.”. Instead of maintaining the social climate of the country as it is, which he finds “peaceful”, he warns against possible unfortunate consequences arising from repeated turning of the screw in an almost “absolutely combustible” country.
Unemployment insurance, inadequate response
“Unemployment insurance is part of the response,” recognizes Boss’s boss. But as it stands, the dialogue between the social partners is rather peaceful. It is important to maintain this good quality of dialogue in a country where it is so combustible.advises Medef’s boss. “If we tighten again, we will probably put 100 to 150,000 unemployed people back to work, that is important, but to achieve the objective of full employment, it is not enough”He believes.
To achieve this, Medef’s president emphasized simplification of procedures and better exploitation of local know-how, especially by working on mandatory levies to achieve better competitiveness. “The priority is to continue to move forward in competitiveness, it’s for supply policy, beyond speech, to materialize,” recalls Meddef’s boss. We know we still have a gap in social charges, we know we still have a gap on production tax, it’s very difficult for the state because the budgetary equation is incredibly complex, but let’s not lose sight of this priority: If there is a good economic momentum, there will be employment.”He explained further.
Reducing Europe’s dropout from the United States
On a continental scale, Medef’s president confirms Europe’s decline compared to the United States in terms of production, investment, but also credit. The key to reducing these delays lies in relaunching the machine, which, according to him, will involve a large amount of consolidation and above all doing it quickly, while thinking about streamlining processes for recovery plans, believes Patrick Martin.
“Quantities must be deployed more quickly and European procedures must be simplified. In the United States the IRA program grant is 4 months between application and payment, in Europe it is 2 to 3 years. He detailed.
