Faced with the health crisis, long-term partial activity makes it possible, via a company or branch agreement, to reduce working time by up to 40% for a period of 6 to 24 months, while guaranteeing 93% of net salary. 

Prime Minister Jean Castex on Monday called on companies to sign "massively", by November 1, long-term partial activity agreements to protect jobs, the "primary" objective of the recovery plan.

"I urge you to conclude massively and very quickly, by November 1, long-term partial activity agreements in branches and in companies", declared the head of government to the address of companies, during a visit to the Bic factory in Montévrain, in Seine-et-Marne.

If the State makes "an unprecedented historic effort" with this recovery plan of 100 billion euros, including 35 billion dedicated to the "industrial rearmament" of France, "all this will only work on one and only one condition: your total mobilization, "added Jean Castex. 

"These agreements make it possible to organize the training of your teams during periods of unemployment" so "we must go (...) we must commit, we must negotiate", urged the Prime Minister, who was accompanied by the Minister of Labor Elisabeth Borne, the Minister of the Economy Bruno Le Maire and the Minister Delegate for Industry Agnès Pannier-Runacher.

345 job rescue plans

Partial long-term activity is a new system which, subject to a company or branch agreement, reduces working time by up to 40% for a period of six to 24 months.

More advantageous than traditional partial unemployment, limited to six months, it guarantees 93% of the net salary.

It will remain in force until summer 2022, and until summer 2021 under current business assistance conditions.

According to the Ministry of Labor, 345 job rescue plans (PSE) have been signed since March, which have saved 50,000 jobs.

The unemployment rate is expected to be around 9.5% of the working population at the end of 2020, according to INSEE, mainly due to the destruction of 715,000 jobs in the first half of the year.