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France jobs minister to draw €2 billion from unemployment insurance

Original: chômage

France's unemployment figures are drawing renewed attention after Jean-Pierre Farandou, the minister in charge of employment, announced that the government will take 2 billion euros from Unédic, the body managing unemployment insurance. The move, reported by l'Opinion, has sparked debate over whether the transfer will hurt jobseekers' benefits or help fund employment policy as the government presses to bring the jobless rate down.

Why now: A senior minister announced a controversial 2-billion-euro withdrawal from France's unemployment insurance fund, touching a nerve on jobs and benefits.

Jean-Pierre FarandouUnédicFrance

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Evidence

• Jean-Pierre Farandou : « Nous allons prélever 2 milliards d’euros sur l’Unédic » · l'Opinion

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