France must absolutely lift its employment rate

France’s low employment rate, in particular among the low-skilled, results from the combination of low skills and high labour costs. This means that any policy that lifts the employment rate, especially among the low-skilled , is welcome (reduction in low-skilled labour costs, training and upskilling) . Indeed, France’s low employment rate: Is the leading cause of its high level of income inequality before redistribution; Is self-sustaining: it requires large-scale redistributive policies, leading to a high tax burden to finance them, in turn further driving down the employment rate; Explains why per capita income is low in France despite the high level of per capita productivity; this situation will worsen under the effect of population ageing. Without an improvement in France’s employment rate, there will be no increase in living standards, no reduction in the tax burden and no reduction in inequality.