Beltway Confidential

Emmanuel Macron drags France towards labor reform

By Tom Rogan

Published August 31, 2017 3:23pm ET

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Emmanuel Macron drags France towards labor reform — If France is to escape its current economic malaise it must confront the source of that problem. Finally, a French president is now doing so. | (AP Photo/Kamil Zihnioglu, Pool)

On Thursday, France announced 36 sweeping reforms to liberate its sclerotic labor market.

The changes, which have been approved by France’s national assembly, are designed to stimulate the private sector and add new jobs to the economy. While President Macron has recently seen his approval ratings decline, the French leader recognizes that his presidency demands these reforms.

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Tag:

Commentary Emmanuel Macron Europe European Union France Germany Labor Labor unions Tom Rogan Unemployment United Kingdom