The French Bend…Again
In his address to the nation on Friday, Mr Chirac said the bill would become law, but promised to make some changes.He pledged to shorten from two years to one the period in which youths under 26 could be fired - and said employers would need a reason for the dismissal.
bbc
So, you are a French employer thinking of trying out some new hires. You’d been promised the ability to let the duds go without cause for two years. Now you discover that the President of the Republic, noting a few million people in the streets, has trimmed a year off the window and now requires cause.
Hmmmm….
Think you are going to hire the noir from the ‘burbs. I think not.
France is pretty much screwed. A fact that its elites are not unaware of; but there is not the slightest chance they will actually do anything until and unless they are staring national bankruptcy in the face. That is likely a decade away. And, by then, it will be very late indeed.
Written by jay on April 1st, 2006 with 3 comments.
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