in France the “yellow West”movement in its Protest alleged that many French people have in the face of high taxes, a low purchasing power. How is it low income earners, unemployed and pensioners in the neighbouring country, really? An Overview.
How large is the purchasing power of the French in General?
The “yellow West” complain about that in the budget, often to the middle of the month, the tide is low. This is according to figures from the national Bureau of statistics, the purchasing power of all the Frenchmen, at first glance, not so bad: In the current year, the General purchasing power will increase despite the increase in Inflation by an estimated 1.3 percent compared to the previous year.
Generally, Workers in France, less in the bag than in Germany. In 2014, the gross monthly income for full-time employees in Germany, with 3380 euros, while in France the figure was only 2864 euros. However, were the taxes last year and taxes, according to the organization for economic cooperation and development (OECD) in percentage terms, in Germany, on average, somewhat higher than in France.
The cost of living fall, in turn, in France more than in Germany: In the year 2014, the prices for Goods and services locations in Germany, 1.5 percent above the average of all 28 EU countries. In France, the prices were cut, however, a whole 9.1 per cent above the EU.
How much will remain low-wage earners in the bag?
The minimum wage in France is higher than in Germany. While in Germany currently 8,84 Euro per hour will be paid, in France 9,88 euros. Low-income earners in France have to fight according to the research centre “Institut des politiques publiques,” that you have given the reforms of the French President Emmanuel Macron is less money available than in the previous year. According to the surveys conducted by the Institute, which arose prior to the suspension of the controversial Eco-tax, affected 23 percent of French people at the lower end of the wealth scale of the reforms Macrons negative. This applies to Singles with an available annual income of less than 14.370 Euro, as well as for families with two children, living a year with less than 29.960 Euro.
How big is the risk of unemployment?
The unemployment rate is higher in France than in Germany: While they remain in France, at 9.1 percent, is you like in Germany to 4.8 percent. In France, more than 50-Year-old unemployment insurance depending on duration of previous employment to a maximum of three years, while in Germany it is a maximum of 15 months. Also in France there is a performance, with the German Hartz IV is comparable to: The “Revenu de solidarité active” (RSA) to live with the citizens of a return to work motivated, with a Single budget 551 Euro per month. For comparison: In Germany, the corresponding Hartz-IV-rule set is 416 euros – without a housing subsidy.
How the lot of pensioners in France?
France’s pensioners were yet in the face of Macrons reforms to the losers, because they were affected by the increase of the social tax CSG. To the displeasure of the seniors, mitigate, announced Macron in his speech on Monday night, and that pensions below 2,000 Euro, from the increase in the social security tax spared. Before the state announced chief this measure, the French economic research Institute OFCE to the conclusion that Macrons have led reforms for nearly seven million pensioners to an annual decrease in the budget of an average of 320 euros this year.
