Coronavirus: employers warn of the need to return to work

Coronavirus: employers warn of the need to return to work

Medef and the government want it to be possible to work more in certain sectors as soon as the crisis is over to make up for some of the time lost. But the unions do not hear it that way. For now, the employers are calling for a return to work to avoid bankruptcy. Calls for a return to work are increasing. Whether it is the employers or the government, there is great concern for…

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Charles-René Tandé: “The longer the confinement, the more difficult the restart will be”

Charles-René Tandé: “The longer the confinement, the more difficult the restart will be”

Accountants are on the front line to support SMEs in the face of the coronavirus crisis. The President of the Order, Charles-René Tandé, explains the difficulties they face in obtaining state aid. Many companies are still waiting to know if they will be able to obtain financing guaranteed by the State from their bank. Do businesses have easy access to emergency aid put in place by the State? We can distinguish two categories of companies….

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2019 turns out to be a good year for employment

2019 turns out to be a good year for employment

The number of category A job seekers registered with Pôle Emploi fell by more than 100,000 over the first 11 months of the year. Job creations in 2019 were stronger than in 2018 despite a slowdown in growth. Gradually, unemployment continues to decline in France. According to the latest figures published on Thursday, 3.38 million French people were registered with Pôle Emploi at the end of November as category A job seekers, which means that…

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Inflation accelerates in December, highest in a year

Inflation accelerates in December, highest in a year

According to initial estimates from INSEE, consumer prices rose 1.4% year-on-year last month. The increase was only 1% in November and is mainly attributable to a rebound in the price of energy, but also food and tobacco. Bad surprise at the end of the year for the French but also for the executive. In December, consumer prices rose sharply. With an increase of 0.4% over one month, they show an increase of 1.4% year-on-year after…

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Strikes: first decline in household confidence in a year

Strikes: first decline in household confidence in a year

The consumer confidence index fell three points in December. While some businesses may experience difficulties with the transport strike, household spending could however only be delayed. It is the first time since the beginning of the social conflict against the pension reform that the consequences of the movement are seen in an investigation by INSEE. The household confidence index, calculated each month by the national statistics institute, fell three points in December, to 102 points….

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Strikes in shops: Bruno Le Maire says he is ready for tax concessions

Taking advantage of the opening of the sales, the Minister of the Economy said he was ready for tax relief measures for the traders most affected by the strikes against pensions. A request formulated in particular by the Alliance du commerce and by the Medef. “No business should close because of strike movements.” On the occasion of the launch of the winter sales at Galeries Lafayette in Paris, the Minister of the Economy Bruno Le…

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Coronavirus: two weeks of confinement erased five years of growth

Coronavirus: two weeks of confinement erased five years of growth

The Banque de France estimates that the French economy is running at two-thirds of its productive capacity and that the GDP has already fallen by 6% in the first quarter. The debate on the trade-off between health cost and the economic cost of containment will necessarily intensify. The violence of the fall is now known. It remains to be seen what the pace and timing of the ascent will be. The Banque de France published…

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Coronavirus: France has entered a recession

Coronavirus: France has entered a recession

GDP plunged 6% in the first quarter of 2020, according to a first estimate from the Banque de France, unveiled this Wednesday morning. The worst decline since the end of World War II, after an already negative last quarter of 2019. Some sectors, including construction and market services, have seen their activity drop by more than half due to containment measures. This is only an estimate for the time being. According to the Banque de…

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Coronavirus: economists blacken their forecasts for France

Coronavirus: economists blacken their forecasts for France

The Minister of the Economy, Bruno Le Maire, is preparing the spirits for a strong recession this year in France. Many economists are now banking on a drop in GDP of more than 5%. “The worst growth figure that has been made by France since 1945 is in 2009 after the great financial crisis of 2008: -2.9%. We will probably be well above -2.9% ” this year. Heard this Monday by the senators, the Minister…

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