Natixis - Are labour costs (cost competitiveness) a problem in France?

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Natixis

Patrick Artus

Are labour costs (cost competitiveness) a problem in France?

It is often claimed that excessive labour costs (both unskilled and skilled) are one of the major causes of France’s deindustrialisation. This leads to proposals to reduce corporate social contributions across all wage levels. In this Flash we examine two questions: Does France’s deindustrialisation result from a loss of cost competitiveness , or does it have other causes? Is a reduction in corporate social contributions an effective way to reduce skilled labour costs?

03/03/2022 1 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Patrick Artus

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Are labour costs (cost competitiveness) a problem in France?

Fine-tuning our Fed Call: No need to skip October

Labor market treads water in a choppy sea

Euro area April flash inflation: core inflation unexpectedly rose in April

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