The 750,000 young people who are preparing to enter the struggling French labour market represent a key priority for the new government, which "is committed to and as part of the recovery plan has set itself the objective of, enabling every young person to find a place in society". The question of how this goal can be achieved is being answered by way of adding a further €6.5 billion to the €3.5 billion already allocated to youth. On 22 July Prime Minister Jean Castex presented the Youth Plan, which aims to support the recruitment of young employees or apprentices through aid mechanisms that seek to lower the cost of labour as well as via measures that enhance training and the integration of young people who are finding it difficult to access jobs and the labour market.
A ‘helping hand to speed up recruitment’. Compensation for social charges of up to €4,000 will be introduced for every young person recruited between August 2020 and January 2021. This ‘reduction in labour costs’ will target all employment contracts of at least 3 months in duration for young people under 25 years old, with salary levels of up to 2xminimum wages, and will take the form of quarterly payments over the course of 12 months. The government expects 450,000 contracts to be signed...
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