![]() The 540 million euros for youth jobs will be used to boost job centre resources for the poorly qualified, fund personal projects, improve job training and help firms hire more apprentices with the aim of reaching 500,000 by 2017, he added. “We need to win the battle for jobs, most of all for our youths,” Valls said in a speech at the end of the forum. He also confirmed plans to lower income taxes for the middle class in the 2015 budget, but signalled little progress on plans to simplify the labour code. ![]() Prime Minister Manuel Valls, who had touted the forum as a launchpad for reform, announced that the government would use 540 million euros ($737 million) - about half of which is to be drawn from European Union funds - to fight youth unemployment. With 33 Socialist deputies abstaining, parliament passed a welfare funding bill for 2014 that substantially cuts payroll taxes for companies as part of Hollande’s efforts to improve their competitiveness and boost hiring.īut the vote was overshadowed by walkouts from the two-day labour forum, which highlighted anger over a policy which many on the left say amounts to a gift for companies, with no guarantee they will respect promises to create jobs. PARIS (Reuters) - France’s parliament approved a series of welfare cuts on Tuesday despite abstentions by left-wing deputies, while a major teachers’ union became the third group to boycott a labour forum hosted by President Francois Hollande. ![]()
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