Macron sees French labour reforms bearing fruit within two years

Reuters News
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Posted: Oct 15, 2017 2:52 PM

PARIS (Reuters) - French President Emmanuel Macron said on Sunday he expected his labour market reforms to start having a noticeable impact on unemployment within two years.

"Unemployment is currently falling. You'll see the full effect of the reforms currently carried out by the government in 1-1/2 to two years," he said in his first live TV interview since his election in May.

During his presidential campaign, the 39-year old had pledged to bring France's unemployment rate down to 7 percent, from around 9.5 percent currently.

(Reporting by Michel Rose; editing by Sybille de La Hamaide)