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French business lobby promises 1M jobs in 5 years


October 25. 2013 7:36AM
Associated Press

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(AP) France's business lobby is promising to create 1 million jobs over the next five years as it tries to convince the French that companies are not the enemy in the fight to drive down unemployment.


In an open letter released Friday, the Medef, however, said companies cannot be expected to lower 11-percent unemployment by themselves. It is calling on the government to lower taxes and spending to give companies the room to act.


The new head of the Medef, Pierre Gattaz, said the promise is part of an effort to change the conversation in France, where companies and executives are often dismissed as ruthless firing machines. Gattaz said he wants to remind people that there are no jobs without companies, but first those businesses need to grow.


Associated Press


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