French employers, unions reach deal on labor reform

French employers, unions reach deal on labor reform
# 12 January 2013 04:34 (UTC +04:00)

Baku-APA. France's employer groups and unions on Friday reached a deal over labor reform, marking one of a series of effort to combat the country's surging unemployment, APA reports quoting Xinhua.

"Tonight social partners have placed France at the top of European standards in terms of labor market and social relations. The deal they have struck is anything but short-sighted," the Medef employers union said in a statement.

The formal agreement is expected to be revealed next week.

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THE OPERATION IS BEING PERFORMED