I am great fan of the @FT but this headline is very misleading. The French “partial unemployment” scheme is designed precisely to avoid making employees redundant or putting them “on benefit” 
It is meaningless to compare the 4m French figure with America’s 6.6m jobless claims. In France, it is employers who apply to the government for “partial unemployment” to cover their works, not the employees
Employees continue to receive their pay, and payslips, from employers during the period of “partial unemployment”. They are not laid off. It is employers who do the paperwork with government to secure state support for those payments
Employees get a decent 84% of their pay while on “partial unemployment”, and continue to accumulate holiday pay. After the crisis, an employee returns to the same job. This is the whole point
The French scheme was directly inspired by Germany’s experience during the 2008 financial crisis. It is designed to help keep skills and capacity ready for the recovery. It is not about laying off workers (Sorry, forgot to number this thread. This is 5/5) ends
Employees get a decent 84% of their pay while on “partial unemployment”, and continue to accumulate holiday pay. After the crisis, an employee returns to the same job. This is the whole point
The French scheme was directly inspired by Germany’s experience during the 2008 financial crisis. It is designed to help keep skills and capacity ready for the recovery. It is not about laying off workers (Sorry, forgot to number this thread. This is 5/5) ends
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