“400 million euros in savings is minimalist and not responsible”, estimates the Union of Local Businesses

The employers’ organizations wrote to Sébastien Lecornu to set the objective at 1 billion savings per year.

“Asking for 400 million euros in savings is minimalist and not responsible”reacts Michel Picon, president of U2P, the Union of local businesses on franceinfo. The Minister of Labor is in fact asking the social partners to find 400 million euros in savings on conventional terminations. For their part, the employers’ organizations, Medef, U2P, CPME, wrote on Tuesday, December 2 to the Prime Minister to have for “objective” to succeed in reducing the annual cost of unemployment insurance by one billion euros per year.

400 million euros in savings, “this is so as not to upset anyone, not to make waves”continues Michel Picon. Employer organizations “are managers of Unédic”he explains, “so when a business leader sees his business going to the wall, he reacts and that’s what we do”. For the president of the Union of Local Businesses, do “400 million euros in savings will not save the regime, we must go further and make at least one billion euros in savings in 2026”.

He believes that “Unédic’s financial trajectory is deteriorating”. “Growth is not good, the number of business failures continues to increase and unemployment continues to increase.justifies Michel Picon. “The objective” of U2P is “to make our fellow citizens aware that the unemployment insurance system is in danger”.

To explain the poor health of Unemployment Insurance, the president of the U2P also underlines “the abnormal increase in conventional terminations”. “Companies have recruitment difficulties. It’s a societal phenomenon where people work for four or five years, then say they want to take a break, to recharge their batteries, to find their way, but while still being financed”explains Michel Picon. “And it doesn’t work like that, Unemployment Insurance assumes that you have an accident”.

“It’s not a question of breaking the diet, we’re proposing to limit excesses”underlines Michel Picon. “We cannot have identical unemployment compensation when we are the victim of dismissal and when it is a choice to leave our job”specifies the president of the U2P while, according to him, 75% of conventional terminations are at the initiative of the employees.