France has created a special work contract for individuals aged 60 and over, aiming to combat their high unemployment rates, currently at 38 percent compared to Germany’s 61 percent and Sweden’s 70 percent. This contract, called CVE, allows for greater flexibility in hiring seniors while still ensuring them the same rights as permanent contracts, albeit with reduced social contributions for employers. The initiative emerged against the backdrop of ongoing pension reform debates. Critics point out contradictions in increasing retirement age while not addressing seniors' job market struggles.
The employment of seniors in France "is one of our weak points," said Minister of Labour Astrid Panosyan-Bouvet, pointing out that the employment rate for people over 60 here is 38 percent, compared to 61 percent in Germany and 70 percent in Sweden.
This level of underemployment is "an injustice, a human waste and an economic waste that we can no longer accept or allow," Panosyan-Bouvet said.
The bill provides for the creation of a work contract called a contrat de valorisation de l'expérience or CVE (contract for the promotion of experience), intended to give employers greater flexibility in employing older workers.
Unemployment rates among older workers became a political hot topic during debates on pension reform - with opponents saying that forcing people to work until they are 64, not 62, is unfair when there is such a high unemployment rate for older workers.
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