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French Unions Back Revisions of Labor Law

Liz Alderman The New York Times
PARIS — French labor unions and business leaders struck a deal to overhaul labor laws. The changes include more flexibility for employers to reduce hours to prevent lay offs in times of "economic distress." Employers will pay a higher tax for using temporary labor. In exchange for flexibility, unions secured improvements to unemployment benefits and health insurance, as well as seats on the board of large companies.

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