France Reaches Agreement on Unemployment Benefits and Senior Employment

New rules aim to balance economic savings with improved conditions for older workers, pending formal approval.

An accord has been reached between employers and several unions on unemployment insurance and senior employment policies in France.
The agreement includes a reduction in unemployment benefits for cross-border workers and extends the age thresholds for longer indemnification periods.
A new 'senior contract' aims to facilitate the hiring of older employees, though unions express concerns over its flexibility for employers.
The government has praised the agreement, highlighting the success of social dialogue in achieving economic goals.
The deal requires formal approval from union bodies and will need legislative enactment to be fully implemented.