This paper looks at how the 35-hour work week law, passed in 1998, has effected the labor economy of France. It discusses whether it has had positive or negative impacts on business and companies and whether it did indeed reduce unemployment as was its main goal.
From the Paper:
"France has embarked on an economic and social experiment that is changing the face of employment in that country. The country has instituted a law requiring 35-hour work weeks, believing that it will stimulate the economy by decreasing unemployment and creating new jobs. It was also expected that such a law would encourage innovation in labor negotiation contracts (Trumbull, 2001). Now that the law has been in force for four years, it makes sense to consider what effects the law has had on French employment."
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Published by:
CalDR
Publisher Since:
Aug 22, 2000
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