In an effort to reduce long-term unemployment in France, the French Parliament unanimously approved the "Zero Unemployment Bill" in February 2016. The bill was designed to encourage local governments and businesses to identify new jobs and fund them by transferring long-term unemployment benefits to pay the wages of the long-term unemployed who took those jobs. The bill was tested in several regions of France with stagnant growth and high rates of long-term unemployment. Laurent Grandguillaume, who helped craft and pass the bill, will share preliminary results.
