How to avoid a sacrificed generation? Government tracks for youth employment The measures will be arbitrated in a week.
Government is finalizing very strong measures to promote youth employment…
Yes, things are becoming clearer. Emmanuel Duteil mentioned it here this week: the government is working hard to prevent too many young people from finding themselves on the floor at the start of the school year. Several avenues have been studied, but there is above all one, very powerful, and therefore necessarily expensive, that holds the rope: a company that hires a young person would be completely exempt from employee contributions. Clearly, the employer would pay the young person normally but would not pay anything to Urssaf! It would therefore be a huge cash gain for the company which could use this money to invest.
It remains to define the criteria for this measure ...
Yes. So let me clarify a point: of course, the young person hired will have all his social rights even if the employer does not contribute. This is what is expensive in this kind of measure since it is the State which pays the bill. Which could climb up to 10 billion euros. Everything will depend on the extent of this youth measure: up to what salary level, 2 times, 2 and a half times the minimum wage? Until what age will a young person hired always be considered young? Will young people already in place be affected? The answer to each of these questions is in the billions. But the political will is clear: no question that young people, on whom an enormous public debt already weighs, are massively victims of the Covid crisis.