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France’s 35-Hour Week Criticized

France’s 35-Hour Week CriticizedFrance’s 35-Hour Week Criticized

France’s divisive economy minister has once again made waves among Socialists by criticizing the country’s sacrosanct 35-hour week just as the ruling party gathers for its annual conference, AFP reported. Emmanuel Macron, a 37-year-old former investment banker whose appointment last year created a stir among the leftist rebel rump of the party, told a gathering of business leaders that those on the left were not “exempt from criticism.” “A long time ago, the left believed... that France would be better off if people worked less. That was a wrong idea,” he said Thursday, in a thinly-veiled criticism of the 35-hour law introduced under the government of former Socialist prime minister Lionel Jospin.

Financialtribune.com