The headline of the Bloomberg article below misleadingly says that President Hollande of France is challenging labor unions. Au contraire. He is asking business and labor to negotiate new rules that will further restrict the right of employers to fire employees, already greatly restricted in France. If agreement is not reached by business and labor, then he says the government will step in and impose new rules on its own.
Just one question for President Hollande: what employer in his right mind will hire new workers when he knows that his right to remove the new employee, already restricted, will become even more restricted? How can French youth get a chance to show what they can do as employees if they must be hired for life?
This would be a joke if it were not so tragic for those who will never find a job.
Click here for the story.