France Extends Unemployment Insurance Rules to December 31

The extension allows time for negotiations aimed at achieving €400 million in annual savings.

Current unemployment insurance rules were set to expire on October 31, following two previous extensions since June.
The French government and social partners began negotiations on October 22 to establish new rules for unemployment insurance.
These talks are driven by the government's request for an additional €400 million in savings per year.
Negotiators aim to reach an agreement by November 15, amid a challenging budgetary environment.
Previous reform efforts to tighten insurance conditions were stalled due to political changes, including the dissolution of the National Assembly.