Chapter 5: France: Protecting the Insiders in the Crisis and Forgetting the Outsiders?
Jérôme Gautié* 1. INTRODUCTION Like many other countries, France was seriously hit by the recent crisis. Gross domestic product (GDP) fell sharply from the second quarter of 2008, and 300,000 jobs were lost during 2008–2009. The unemployment rate jumped from 7.2 per cent at the beginning of 2008 to 9.5 per cent at the beginning of 2010, the highest level since 1999. But the loss of jobs was not the only consequence of the crisis: many workers saw their wages reduced, because of a reduction in their working time and/or hourly compensation. All workers were not affected the same way. At first sight, an economic crisis should exacerbate inequalities – between the ‘losers’ who have lost their job or experienced a wage drop – and the ‘lucky ones’, who have not. But assessing the detailed impact of the crisis on inequalities is a quite complex matter. The first reason for this is the difficulty of clearly identifying outcomes with appropriate data. If data on employment are easily and rapidly available, data on wages and outcomes and, even more, on working conditions, may not be available without delay, or in sufficient detail. But, even when data are available, difficulty arises from the timing of the different impacts of the crisis. One must differentiate between the short-term and mediumor long-term effects of the crisis. In the long term, the so-called ‘hysteresis’ effects should in particular be taken into account. The employability of the long-term unemployed, but also of new entrants...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.