About 15,000 subsidized contracts will be terminated in 2024, says Olivier Dussop

The number of subsidized jobs should be reduced, Labor Minister Olivier Dussop said on Monday on the sidelines of the Medef summer school in Paris. The minister explained that “when jobs are being created, when there is recruitment tension, it is quite normal that subsidized employment is less important” and that it finds “its calling in employment.”

He specified that subsidized contracts should be “mobilized as a priority for those furthest from employment, the elderly, people with disabilities, people under 25 who find it difficult to qualify, recipients of social minimums.”

“The decrease will be around 15,000 or so,” Olivier Dussop said. “This is the procedure that we are working on today and all arbitrations have not passed,” he specified, and the draft budget for 2024 should be submitted at the end of September.

The number is significantly higher than in 2018.

The number of subsidized contracts in France is “at a level much higher than what we have seen, for example, in 2018 or 2019,” he recalled.

“For 2023, we have almost 120,000 support contracts between PEC (Professional Employment Course) and CIE (Initiative Employment Contract). In 2018, 2019, there were still about 65,000, 70,000 of us,” he specified.