Never a newly elected president will have faced a complex situation on the unemployment front. It goes back no less than thirteen years ago to find indicators also deteriorated. The unemployment rate is nearly 10% again of the workforce, nearly one in four is unemployed, the long-term unemployed (unemployed for more than a year) adjoining 40% of registered employment center and length of unemployment has jumped nearly 20% since the crisis began, to 464 days.

Main reason: while the labor force grows, France does not create enough jobs. In contrast, the number of available positions in the economy has shrunk by 200,000 even in the last five years, a first in the Fifth Republic.

The crisis is obviously much. Nevertheless, not a head of state had signed a mandate with a negative balance. Even François Mitterrand, whose first seven were deadly with the disappearance of entire job in the steel and textiles, the odometer showed 56,300 designs in 1988.

Francois Hollande, who "give a year" to reverse the unemployment curve, in any case will be hard pressed to meet its commitment without a boost – very speculative at this stage – growth. According to the latest available forecasts of Unedic (UI), the number of job seekers expected to grow by 214,000 this year – and so cheerfully exceed the symbolic threshold of 3 million unemployed registered at employment center Class A – and the number of jobs fall by 123,000 merchants payday advance low fees.

"The year 2013, however, should be better on the employment front, predicts the new tenant of the Elysee, by improving the international situation, but also with our first steps." … ….. 100,000 jobs for the future

Among them, is a classic: the "social treatment" of unemployment. In other words, subsidized jobs. The next few weeks, 100,000 "jobs of the future" must be created in neighborhoods (50,000 more will follow on the remainder of the quinquennium). This is a version of "makeover" of jobs for young Martine Aubry: odd jobs for five years in associations or local authorities, publicly funded.

Francois Hollande also intends to create 500,000 contracts generation during his tenure. The idea, intellectually attractive but criticized for its windfall, is to link the hiring of a youth to remain in the employment of a senior until he can retire at full rate, both jobs are exempt from charges.  

The president-elect has also promised to strengthen the means to improve employment center to help the unemployed and plan to launch a green renovation of housing could create tens of thousands of jobs.

Finally, to stop the "stock layoffs," he intends to make it more expensive, give employees new ways to challenge them in court and force the relocation of businesses dedicated to repaying public aid.

]]> http://wtwoodsoncrew.org/a-year-to-reverse-the-unemployment-curve/feed/ 0 http://wtwoodsoncrew.org/french-air-traffic-affected-by-a-strike-monday/ http://wtwoodsoncrew.org/french-air-traffic-affected-by-a-strike-monday/#comments Sun, 01 Apr 2012 14:32:08 +0000 admin http://wtwoodsoncrew.org/french-air-traffic-affected-by-a-strike-monday/  

The call to strike by three unions (CGT, CFDT and UNSA) air traffic controllers will cancel and delay several flights to Orly and some regional airports. At Air France, which opened two new bases Sunday in Toulouse and Nice, we ensure that customers affected by these disturbances have already been informed by SMS or e-mail. "All flight information is available the day before departure and updates in real time" on the website or via smartphone applications. The company says that there will be no cancellation of your from Roissy-Charles de Gaulle, otherwise some delays.

For its part, easyJet has already canceled 16 flights Monday to departure or arrival airport Orly and advises all passengers to "check the status of their flights regularly." In all, the airlines had to remove 20% of their flights on Mondays and Tuesdays departing or arriving at Orly need a personal loan with bad credit.

Eighteen flights have already been canceled at Lyon Saint-Exupery. These flights come from or go to Marseille, Toulouse, Bordeaux, Pau and Metz.

The unions called the strike to oppose a plan to restructure air traffic control services in the provinces, which would imply a decline in numbers. Air traffic controllers, agents of the public service, have an obligation to provide minimum services. However, if the strike notice is required, the strikers did not have to declare individually 48 hours in advance, as is the case for railway or recently for pilots and stewards.

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Four major French media have joined forces to create the first private marketplace the ability to market, real-time auction, unsold advertising space on their websites. Before the rise of brokers in digital banners, boards Amaury Media, FigaroMedias, Lagardère, and TF1 Advertising Advertising AdMediaPremium have created their own platform to market these advertising formats on the Internet. The goal is to have a structure with a critical size. "We will offer media agencies and advertisers a platform that will combine power and premium content," says Constance Benqué, Chairman of Lagardère Advertising. Indeed, the four founding members show an audience of 22 million unique visitors per month and a stock of 3 billion web printing.

"It's a strong initiative and structuring. It reflects the desire of large media companies to restore value to their advertising, "said Laurent Solly, CEO of TF1 Advertising. Specifically, the four media sign a management contract with exclusive AdMediaPremium for marketing their inventories. "But this structure is also open to all other media sites premium. They will receive exactly the same commercial terms as founding members. We guarantee it, "says Pierre Conte, Deputy Managing Director and Group President of Figaro FigaroMedias.

AdMediaPremium, which will employ eight people, will also aim to collect and manage data of Internet users. In the digital world, data are valuable assets to sell off it would be detrimental to external actors.

Haute couture and ready-to-wear

On the site of a major media, advertising rates vary from 1 to 10 according to the hearing of the pages. The home pages of sites and themes are vertical slots super premium marketed directly governed by high tariffs. These pages represent a minor amount of inventory (15-20%) but the overwhelming majority of revenues. AdMediaPremium aims to market the locations of the second category – the many pages that have yet beautiful hearings – and the third category for pages that the depth of a site but are struggling to be marketed by the governed. These inventories are generally outsourced to brokers who sell to advertisers amid a flood of millions of other Web pages of any site. Logically, this vast inventory loses value.

"On the digital marketplace, there are two worlds: one specific, on which our advertising may practice is refocused on the speech marks, through special operations or video. The other world, the volume of highly qualified, is automated and marketing through market places. With our Adexchange, we will control both haute couture and ready-to-wear, "says Constance Benqué.

"It's because we want to enhance the premium character of our audience that we decided to launch AdMediaPremium. The four media partners are leading digital and provide coverage to 76% of AB +, "says Marianne Siproudhis, President of Amaury Media. "Our ambition is to represent by 2015, 25% of the market for auction banner ads. A market that weighs 200 million euros, "she explains.

"We are convinced that the French media groups must come together around this project deal with world leaders," says Martine Hollinger, president of TF1 Advertising.

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Players, presidents, unions, political. Everyone went to his little reaction after the proposal of François Hollande to tax at 75% share of annual revenues in excess of one million euros. In the world of football, many are quick to talk about "death of football."

Starting with the president of the Professional Football League (LFP), Frederic Thiriez. "If this proposal is successful, the championship of France would obviously be relegated to the second European division, he said Thursday on RMC. Our best players, who are in a global market, would leave. " Many players in the image of Christophe Jallet, PSG defender, and have criticized the proposal of the Socialist candidate, regretting that "working for nothing" with the application of such a measure. The club president of Lille, Michel Seydoux, even acknowledges, in Le Parisien, he could leave his post if the measure was adopted. "If I have more viewers, I shall never reach even to pay the rent for my new stadium," he says.

President of the Union of professional football clubs (UCPF), Philippe Diallo, insists on the 'cons-productive "of this measure:" When Beckham was announced at PSG, everyone has stigmatized the salary that the PSG would have paid (a gross monthly salary of 800,000 euros was mentioned, Ed). But we did not talk about the 15 million it would have reported to the State tax. "

Sports Minister, David Douillet, even the loss figure to one billion euros for the French professional football. "The 600 million coming from taxation of French football will disappear, the 5% tax Buffet (the share of TV rights of football donated to other sports) will also disappear because there will be more rights TV ". He said that if the football stars leave the French league, broadcasters are less willing to pay as much for broadcasting the games. He added: "300 million for the stadium in Lille, 200 million for the Jean Bouin stadium in Paris, all funded by public money, which no longer serve for nothing!"

"The players left France when they are taxed more"

There is not that football players who would have to pay more taxes. This new tax would also be a blow for football clubs. "It is death and not club football players," says Philippe Diallo. More and more players are quick to add in their contract a provision that any change in tax would be borne by their employer. In other words, whatever the tax rate, net pay remains the same. "These clauses are mainly foreign players the highest paid who do not always know the tax rules in force in their host country. One third of the French league is composed of foreign players, "says Philippe Diallo. According to Le Parisien / Today in France, if the measure of Francois Hollande was to come, Qatari investors should pay no less than 100 million euros for ten players from affecting Parisian club two million euros net per year.

Without giving financial details, the president of the UCPF explains this development by the stranglehold of EU legislation on that of the Hexagon. "In most other countries, including England players are negotiating their salary in" net-net ", that is to say, net of expenses and net of tax. When they come to France, they impose this rule. So, to buy our players in Ligue 1, the foreign clubs will not even need to offer a higher salary than they receive in France. " If the "tax Holland" was to come into application, then the players might be tempted to leave the championship. "Football clubs are essentially local businesses who pay their taxes in France, where the players are mobile people, since the Bosman *, have always left France when they were taxed more than their European counterparts "says Philippe Diallo. One way to point the finger at the lack of "patriotism", a theme dear to Francois Hollande, football players.

* Named after the Belgian footballer Jean-Marc Bosman, whose club, FC Liege refused his transfer to Dunkerque. The player took the case to the Court of Justice of European Communities and won his trial, 15 December 1995.

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An overwhelming majority of Germans opposed the new plan of aid to Greece, considered the Rhine as a "bottomless pit": 62% were against while 33% are in favor of the second package, according to a survey of Bild am Sonntag. But Angela Merkel is assured of getting a solid "yes" of members of the Bundestag on Monday. However, the majority of the Chancellor will maintain pressure to deny any increase in the German bill, while the finance minister, Wolfgang Schäuble, no longer excludes a third bailout.

For the seventh time in less than two years, 620 members of the Lower House of Parliament shall meet in extraordinary session to give the green light at the European level against the debt crisis. Each time, Merkel has to struggle to gather behind his own majority. German lawmakers must approve by a large majority a motion detailing the decisions taken in Brussels a week earlier by the Eurogroup, essentially a second aid package of 130 billion euros to Greece. Germany's share is $ 35 billion.

Incentives for a withdrawal of Greece from the euro area

There is no guarantee the success of the second plan, according to Wolfgang Schäuble, who does not dismiss the idea of ​​a new bailout program in the coming years. "We can not say with certainty that the path taken will be successful. It is also possible that this is not the last time that the German Parliament will have to consider financial assistance to Greece, he wrote in a letter to parliamentarians, urging them to approve the bailout plan in Athens. Because I am convinced that this is the track I require your support for this plan. "

For the first time this weekend, a member of the German government has called for an output of Greece in the euro area. "I do not mean to exclude the Grècede the euro area, assured the Minister of the Interior, the Bavarian conservative Hans-Peter Friedrich, but to succeed in creating incentives for a withdrawal that can not be broken." It considered "the greatest chances of Greece to regenerate outside the Economic and Monetary Union." The observers will scrutinize closely the number of rebels in the majority of the Chancellor. Considering that this is the least damaging solutions, many elected officials should vote the plan rather ungraciously.

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A new CAP will enter into force in 2014. It is the subject of heated debate between the 27 Member States. Maintaining the EU budget – about 50 billion euros to support agricultural production and ensure food self-sufficiency – is now accepted. However, how to use this envelope to be defined. France, the first European agricultural power, receives about 10 billion euros per year.

WHAT THEY OFFER

The UMP wants to extend the measures of market regulation, such as those taken to better organize the dairy industry; together, producers can negotiate better prices facing manufacturers. The PS defends "an ambitious EU budget for the future of agriculture in its diversity". Only FN advocates the abandonment of the CAP for the benefit of … the PAF (French agricultural policy), to "distribute aid more precisely between small and large farm structures."

2. RELATIONS WITH THE RETAIL

80% of agricultural products are now sold through supermarkets. Farmers accuse him to capture the essence of the value added to their detriment. In 2000, for example, 45.1% of the retail price of a pork cutlet returned to the breeder, against 39% for mass distribution. Ten years later, the distribution was reversed in favor of the latter: it is now capturing more than half of the value against the third party only for breeders. Another example, a kilo of pears bought 17 cents to the grower retails for 3.50 euros.

WHAT THEY OFFER

To restore the balance of power among branches facing the retail, the PSet MoDemproposent solutions close: consolidation of producers in influential organizations, sustainability of existing tools such as "margin observatory." The UMPveut expand contracting, binding in milk, meat to all branches, fruits and vegetables … The FNveut review the competition law to protect farmers against abuse of dominance of supermarkets.

3. ENVIRONMENT

Farmers complain: their eyes, France is overzealous in transposing EU environmental standards. They demand a relaxation of constraints. Especially since the new CAP in 2014 provides a "greening" of aid, that is to say that the amount will depend less on the quantities produced, and more respect for the environment.

WHAT THEY OFFER

The modem wants to reduce and simplify administrative procedures such as to produce energy by anaerobic digestion. Where it takes three months to install a system in Germany, it takes three years in France. The PS wants to develop organic agriculture in France which represents only 3.1% of cultivated land and encourage short circuits, without detailing how. The UMP wants better dialogue between farmers and environmentalists, again without more concrete.

4. USE AND INSTALLATION OF YOUNG

Agriculture and food industry in France are 3.5 million jobs or 14% of the workforce. However, farm organizations denounced a crippling cost of labor for France, which has lost market share to international competitors from Europe, particularly Germany – the hourly cost of a seasonal employee is 50% less high. Approximately 7,000 young farmers set a year, including 5000 helped.

WHAT THEY OFFER

The UMP is to continue to reduce the cost of permanent agricultural employees, as outgoing majority has done for seasonal, whose hourly cost from 12 euros to just over 9. It relies on social VAT to get there. The UMP also has to keep the budget of 350 million euros of aid to the installation. For PS, there is no problem of the cost of agricultural labor. The FN promises an exemption five years of tax and social security of agricultural enterprises, without saying how it will be funded. The modem wants to establish a minimum area for installation.

5. UNIONISM FARM

The National Federation of Farmers' Unions (FNSEA), combined with Young Farmers, prevails over a half century and controls all farming institutions and organizations inter. The milk strike of 2009 has strengthened the two minority unions: the Rural Coordination and the Farmers' Confederation. They could lose its absolute majority in the FNSEA in the upcoming elections to the Chambers of Agriculture in early 2013. Bruno Le Maire was the first political right to go to their conventions. The Board of Directors of the FNSEA voted by a large majority to minority yesterday the opening of all inter-farm where she sat alone. The report also alleges Perruchot "possible hidden subsidies" enjoyed by unions from the Chambers of Agriculture, themselves financed by a tax.

WHAT THEY OFFER

UMP, PS and MoDem are unanimous in advocating trade union pluralism. Little to say and all the funding organizations.

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Greece but also Italy crystallize the main concerns have increased as rumors of leaving the Prime Minister Silvio Berlusconi, immediately denied by the latter. Nevertheless, if the vote to be held tomorrow at the Chamber of Deputies on the budget is negative, the departure of Cavaliere seem inevitable.

At the same time, the finance ministers of the euro area gathered in Brussels last night stepped up their pressure on Athens and Rome to the two countries meet their commitments to reduce deficits.In the process, Wall Street ended on an optimistic note. This morning, Asian markets have proven uncertain and divided: while Tokyo closed down 1.27% to 8655.51 points, Hong Kong is the balance just before 8 am (Paris time) around 19,696 , 11 points.

In this context, oil prices were up this morning in early electronic trading. The barrel of "light sweet crude" for December delivery gained 8 cents to 95.60 dollars. Barrel of Brent North Sea crude for December delivery advanced on his side of 22 cents to 114.78 dollars.

In terms of macroeconomic indicators, the figures of foreign trade in value in September will be unveiled today at 8:45. INSEE also publish the price of oil and raw materials in October at noon.

Early this morning, the Greek Finance Minister Evangelos Venizelos was the first raised his voice in that. While the prime minister suggested yesterday that the referendum will focus on "whether the Greeks or not to stay in the euro area," Evangelos Venizelos has swept the issue with the back of the hand. In the eyes of the man who played the head of the party George Papandreou in 2007, "the place of the Greek people in the euro is a historic achievement of the people that can not be questioned.This can not depend on a referendum, "he said in a statement. The minister stressed the importance of having the new tranche of aid "without delay". In fact, under the sixth tranche will not be released until the political situation has not been clarified.

The sling number two government was quick to be followed by the Greek Minister of Development, Michalis Chryssohoïdis. It called for a European financial rescue of Greece was quickly ratified by parliament, in fact opposed to the proposed referendum on Prime Minister said on public television Net. "This release is the ratification by Parliament of the Agreement (European) Greece comes out of the impasse," said Michalis Chryssohoïdis as television.

• Discount of up to 60% of the Greek debt

According to diplomatic sources, the ministers agreed to effectively negotiate with the banks at a discount of "at least 50%" against a target of 21% decided on July 21 with the banking sector. They thus de facto endorsed the conclusions of an expert report which was presented by the troika of donor funds in Greece (EU, ECB and IMF).The paper believes that a discount of 50 or 60% hope to stabilize Greece without having to increase in the amount of gigantic international loans that have already been promised.

A "discount" is the term used in relation to the financial depreciation of the value of loans taken by creditors in this case private banks and investment funds that hold government debt. A discount of 50% borne by the private sector, the second program of financial support pledged July 21 to Greece, however, should be slightly revised upwards with government loans (Europe and IMF) to 114 billion euros, against 109 billion euros.To maintain the envelope of 109 billion euros unchanged, it would bring the discount to 60%, according to calculations by experts.

• Recapitalization of banks to the tune of 108 billion euros

The question is whether the banks that have so far dragged its feet to give the pot, will accept a negotiated settlement does not pass through a default of Greece. In return for the effort required on the Greek claims, there are plans to recapitalize banks in Europe. Following a meeting of EU finance ministers, this Saturday, in preparation for the summit Sunday, no agreement had been finalized on this point, due to the persistence of disputes.

"We have made some progress on the banks" and "we have laid the groundwork for an agreement" which will still be subject to "discussions between heads of state" and called for European governments to meet in summit Sunday said Swedish Finance Minister Anders Borg. Countries of the European Union are considering a recapitalization of its banks to the tune of 107 or 108 billion euros to help them cope with the crisis, has also said a source familiar with the matter.

But according to European diplomats, "there is no agreement on the recapitalization, it gets stuck a little." According to one of these diplomatic sources, "Spain insists on having a comprehensive, not only on the recapitalization of banks but also on strengthening the European Financial Stability Fund (EFSF)." On the other hand, "the ministers are trying to agree on the minimum capital."The European Banking Authority (EBA) has proposed that banks reach a level of capital of 9% by mid-2012. A diplomat acknowledged that some countries in the viewfinder of the markets, like Italy, Spain or Portugal, feared that the recapitalization will further undermine public finances.

• The Fund will not support a bank

Moreover, the French proposal to grant a banking license to the Fund support the euro area (EFSF) so he can refinance with the European Central Bank "is no longer on the table," said Minister Dutch Finance Jan Kees de Jager. Only two options are being discussed to increase the firepower of the device, he told reporters Saturday.These two tracks on the agenda now that the mechanism acts as a partial insurance of the public debt of countries in difficulty or higher participation of the IMF to the device, according to a German government source. But there is "significant differences between countries" on the issue, said Jan Kees de Jager.

How to leverage the capacity of the EFSF was the main sticking point between Berlin and Paris at the approach of the EU summit. France, worried about its budget deficit and are "triple AAA" prefer tap into the existing European funds, starting with the ECB. Germany, also sensitive to the separation of powers as inflation risks, refuses anything resembling a crisis by printing money in Europe.France was not only to advocate the involvement of the ECB, arguing that this system worked very well in the United States or Great Britain. She was supported by Spain, Italy or Belgium.

The European Relief Fund currently has a lending capacity of 440 billion euros, part of which is already committed for Ireland and Portugal. This envelope is considered insufficient to prevent contagion of the debt crisis in countries as large as Italy and Spain, increasingly in the firing line of credit rating agencies.European countries negotiate so hard for weeks on the best way, via a "leverage" to multiply by up to five response capacity of the Fund's financial debt of fragile countries.

(With agencies)

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While the debt crisis still occupies all minds. Last night, Spain has been the target of the rating agencies.After Fitch, Standard and Poor's lowered turn a notch sovereign rating of Spain, to "AA-", citing the "uncertain prospects for growth" of the country and the likely further deterioration in the Spanish financial system . Banks are also in the viewfinder. While the leaders of the euro area support more vigorously a recapitalization of the sector, Fitch up seven institutions on negative watch, including French banks BNP Paribas, Credit Agricole and Societe Generale.

However, investors welcomed the good news last night: the green light given by the Slovak Parliament to strengthen the European Financial Stability Fund (EFSF). This gives air to the single European currency traded at 1.3802 dollars around 15 hours.

Debt problems in the euro zone should just stay in the heart of the Paris meeting, tonight and tomorrow until Saturday, finance ministers of the latter must include G20.Ces prepare the summit to be held in early November. France has also supported the idea of ​​making Thursday the EFSF bank. The markets have hopes of progress on the case.

Busy schedule

Operators also appreciate the battery indicator on both sides of the Atlantic side disappointment, inflation accelerated more than expected in September in the euro area, moving to 3% against 2.5% the month above, said Friday the EU statistics office Eurostat.

However the U.S., retail sales rose more than expected in September (1.1% against 0.7% expected). At the same time, import prices in the U.S. rose 0.3%.Rather reassuring statistics on the state of the U.S. economy. However, most investors expect the index of consumer sentiment for October and business inventories.

In China, inflation slowed slightly to 6.1% in September, against 6.2% in August, the government said Friday, but remains at a high level that does not bode a loosening of Chinese monetary policy.

Values ​​to follow

Banking sector

Placement on negative watch by Fitch of several institutions weighs on prices.BNP Paribas lost 3.49% to 32.18 euros, Societe Generale 2.62% to 21.04 euros and Credit Agricole 0.42% to 5.26 euros.

Veolia Environnement: 1.21% to 11.30 euros

The group has hired investment bank DC Advisory for the sale Citelum, a major global players in the lighting and electronic equipment areas, reports Les Echos.

Accor: 2.70% to 22.64 dollars

Already a leader in Asia Pacific, the group will open more than 200 by 2014, including doubling its presence in Indonesia, new land for expansion after China and India. The group also plans to sell seven hotels Suite Hotel, located mostly in Paris, for $ 77 million to a consortium of French investors.

CA Cheuvreux has decided to lower its price target from 35.5 to 29.5 euros to reflect the slowdown in the global economy but it remains to outperform.

Carrefour: 1.78% to 17.15 euros

Cheuvreux lowered its price target from 19 to 16 euros and remains under-performance.

GDF Suez: 1.58% to 23.49 euros

According to a report in Le Figaro, confirmed by a spokesman, the gas distributor has filed an appeal Thursday in the Council of State against the government's decision to freeze gas prices for individuals from 1 October.

Belvedere: 3.22% to 29.14 euros

The Court of Appeal of Nimes, which examined the validity of Thursday a new backup procedure given in July to spirits group, has reserved its decision on 1 December, according to sources familiar with the matter.

Eurazeo: 1.53% to 33.21 euros

The group announced Thursday an investment of 37 million euros in 3S Photonics, a French specialist in opto-electronic components including the Strategic Investment Fund held 18%.The operation, which includes a capital increase will allow Eurazeo to control 83% of 3S Photonics.

Stallergènes: 1.11% to 45.60 euros

The group confirmed Thursday its growth objectives and scope for this year despite the slowdown in activity growth in the third quarter.

Eutelsat: 1.16% to 29.74 euros

The group announced Thursday night that he would propose to the November 8th general meeting of shareholders to elect as president of its board of directors Jean-Martin Folz, former CEO of PSA Peugeot Citroën, succeeding Giuliano Berretta .

Netgem: -4.51% to 2.75 euros

The group reported Thursday a drop of 45% of its turnover in the first nine months of the year to 59.4 million euros and said that the forecast revenue in the second half would be comparable to the first.He added that his business continued to grow profitably, to increase cash flow.

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