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French government to draw €2 billion from unemployment insurer Unédic

Original: unédic

French Labour Minister Jean-Pierre Farandou has announced that the state will take €2 billion from Unédic, the body that manages France's unemployment insurance scheme. The move is drawing attention as it touches France's delicate public finances and the funding of jobless benefits, with debate expected over how the withdrawal will affect the unemployment insurance accounts and future benefit rules.

Why now: A government plan to divert €2 billion from France's unemployment insurance body has just been announced, sparking debate over public finances and benefits.

UnédicJean-Pierre FarandouFrance

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Evidence

• Jean-Pierre Farandou : « Nous allons prélever 2 milliards d’euros sur l’Unédic » · l'Opinion
• L’alerte des dirigeants de l’Unédic : « L’assurance-chômage ne doit pas être une variable d’ajustement des finances publiques » · Le Monde.fr

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