The annual report of the World Economic Forum on Labor Policies, which aims to support greater flexibility in the labor markets, was cited as the basis for a competitive economy, citing French President Emmanuel Macaron's decision to introduce amendments to the French Labor Code.
The World Economic Forum (WEF) said in its annual report on global competitiveness published Wednesday in Geneva that more flexible labor policies such as those advocated by French President Emmanuel Macaron are the foundations of a competitive economy.
Labor flexibility enhances competitiveness
The report pointed out that when "labor flexibility is combined with good protection of workers' rights" it would "enhance" rather than "weaken" competitiveness.
"At a time when a large number of jobs are threatened with extinction due to the increasing reliance on machinery, it is vital to find the conditions to cope with such economic shock and to support workers" during the transition, "the report,
"As far as France is concerned, what we are seeing so far is a lot of hard work, which in this era makes rapid changes without the development of the economy," said Thierry Gaeger, an economist at the forum.
Call for flexibility with a safety net
"We call for flexibility coupled with a safety net," Gaeger said, adding that countries such as Switzerland and Denmark had proved that workers could be protected and flexibility in the labor market at the same time.
The report pointed out that such a policy must include investment in training and rehabilitation.
Richard Samans, an adviser to former US President Bill Clinton, supported the current trend in French politics "towards greater flexibility" but stressed that trade unionists should be involved in the transition process.
Source
france24



















