RTMon, 18 Jan 2016 15:06 UTC
© Miguel Medina / AFP
French President Francois Hollande has announced what he called "a state of economic and social emergency" involving a
€2 billion plan to revive hiring and catch up with the world's economy. "Due to the threat of terrorism in the past, we had to introduce a state of emergency. But amid global chaos and an uncertain economic environment, it's appropriate to talk about a state of economic and social emergency. Employment is the most important question after the security of French citizens," TASS quotes Hollande as saying.
According to AP, in his annual speech to business, Hollande announced plans for training half a million jobless workers, greater use of apprenticeships, and €2,000 aid for small businesses that hire young workers. "New economic powers are rising, the digital economy is rapidly developing, we have to rethink our economic and social model," said the President.
Hollande's socialist government has been failing to boost long-stagnant French growth or cut chronic unemployment, which has been about 10 percent for a long time. One of the key milestones of his presidential program of 2012 was to cut the unemployment.
Hollande's chances for a second term may depend on his ability to create jobs.
Comment: Since 2012, when Hollande was elected,
more than 600,000 people have lost their jobs, at a time when joblessness has decreased in most other large European economies. According to an IFOP - French Institute of Public Opinion -
poll that was held in 2014:
86 percent of French people rejected Hollande, setting a new unpopularity record for leader of the country.
See also:
Lifting sanctions on Russia will immediately boost the French economy by billions, allowing French farmers to export their produce and goods, as before, benefitting everyone on both sides.
NEVER!! Not in firmly zionist-anglo/NAZO controlled France, with Hollande the half-jewish crypto-zionist in power.... :-(