France says 35-hour work week is failing
The French government Monday described the 35-hour working week as a financial disaster that was costing the state billions of dollars and promised to reform the system despite fierce union opposition. The finance minister, Nicolas Sarkozy, said that the 35-hour week had burdened the state with additional social charges and that it had demoralized millions of workers. "The Socialists made a decision which is not compatible with our responsibilities to Europe," he said. He suggested a system whereby those who wanted to stay on the 35-hour week could do so, but those who wanted to work and earn more had greater latitude. The 35-hour week came into effect in 1997, as the Socialistsâ idea for reducing unemployment. Unemployment now is just under 10 percent.
Posted by: Seafarious 2004-05-18 |