France says more than 10 million workers have signed up for temporary unemployment scheme

Author: Justin Low | Category: News

That is nearly 40% of the working population in the country

The scheme was introduced by the government to help avoid mass layoffs, allowing for companies - specifically smaller ones - to temporarily put staff on reduced hours while the government pays all or most of their wages during this period.

See here for global coronavirus case data
This already accounts for quite a significant portion of the French government's stimulus package, so it'll be interesting to see if they need to add more in due time.

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