France: Mass protests against proposed labour reforms

 

http://www.aljazeera.com/news/2016/03/france-mass-protests-proposed-labour-reforms-160331180555863.html

 

The article reports the protests in France against the “Proposed Labor Market Reforms. The French employees, workers, and students are opposing the proposed increase in mandatory working hours per week and Easy hiring and Firing of the employees.

 

Topics include Labor Market Rigidities, Sticky Wages; Market based Supply Side Policies and its effectiveness in contributing to Economic Growth. Explain using the AD-AS diagrams for SRAS and LRAS, the Keynesian sticky wage and Neo Classical flexible Wage Models.

 

Evaluation will cover impact on Income Equality, Employment opportunities, and rise in Incomes of the Workers and Producers, French Government’s Macroeconomic objectives in short term and long term.

 

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