Report
In France, the most serious problem by far is the low level of labour force skills
When comparing OECD countries, we see that low labour force skills are associated with: Poor quality of the education system; A low level of automation; A small industry; Difficulties with (industrial) foreign trade; A low employment rate and a high structural unemployment rate; Low productivity gains; High income inequalities before redistribution. This shows that the low labour force skills in France may explain the majority of the French economy’s serious structural problems.
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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.
Patrick Artus
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