France: Tackling the most urgent matters and dealing with the most serious problems

The economic policy debate in France focuses on the issue of purchasing power. But this debate is rather futile, because wages in France have risen faster than productivity and because productivity gains are very inert in the short term. In our opinion it would be better to deal first with the most serious pr oblems of the French economy and society: High unemployment and low youth employability; Deindustrialisation, which results in a deterioration in job quality; The low employment rate , which is the main cause of inequality.