In the coming months there will probably be 800.000 jobs fewer in France.
It is due to the country – as many others – are hit on the economy of the shutdown, which was introduced to limit the infection with the corona virus.
– Our assessment is that to 800,000 jobs will be lost in the coming months, or 2.8 percent of total employment, says finance minister Bruno Le Maire.
– the Shock is significant and calls for a massive government effort to support and follow all that is affected, he says at a meeting in the French parliament’s finance committee.
The French bank announced on Tuesday that the unemployment rate will probably reach over 11.5 percent in the coming year. It is higher than previous increases in the unemployment rate.
Among the measures that could help the many new available, are tax cuts for businesses and schemes, which makes it more attractive to hire interns.
In total, the plan of the French government to use up to 45 billion euros (336 billion dollars) to help the sectors that are hardest hit.
on Tuesday, the government of an aid package of 15 billion euros (112 billion dollars) to aviation industry. Here are thousands of jobs at risk.
the Country’s economy will probably shrink by 10 percent this year due to the comprehensive closure, which was introduced in march.
the Economy shrank 5.3 percent in the year’s first three months. The figure may reach 20 percent in the second quarter.
First, in the middle of 2022, the bank expects that the economy will be up on the same level as before the coronakrisen.
Figures from the Organisation for Economic Cooperation and Development (OECD) show Wednesday that the coronaudbruddet expected to cut six percent of the world economy in the year.
