France offers to pay employers to hire people

Workers in France 
By: Shifra Unger 

Soon everyone will be paid indirectly from the government.

The French government wants companies to hire young people so they decided to pay the bill.

The unemployment rate in France is 10 percent, but nearly 23 percent for those who are under 25 years old.

Under the new plan in France, companies that hire a person between 16 and 25 for at least one year, the government will pay 75 percent of salary. The government hopes to create 100,000 of these jobs next year and another 50,000 in 2014.

Analysts have slammed the decision as another form of corporate welfare, as the economy will become dependent on the government paying the salaries of private sector employees.



Hi, Its me Hafeez. A webdesigner, blogspot developer and UI/UX Designer. I am a certified Themeforest top Author and Front-End Developer. I'am business speaker, marketer, Blogger and Javascript Programmer.

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