The Debate – Do we really need to work longer? France’s pension reform and the changing labour market
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France is growing older. However, Europe’s record-breaking life expectancy has a downside: in order to pay for its increasingly healthy legion of retirees, the French right wing says there’s no other option but to raise the retirement age from 62 to 64. The left retorts that if corporations paid their fair share in taxes, that would more than sustain the country’s cherished pay-as-you-go pension system. Ahead of what unions are billing as their biggest strikes yet against the government’s pension reform, what exactly does the future hold for workers?
The Covid-19 pandemic offered a startling reminder of just how much productivity has soared over the years. Whether we’re working from home or at the office, the digital age makes it possible to do a lot more in a lot less time. How does that alter our work-life balance and more to the point, how much do we have to work to actually pay for those pensions? Do we really need to work longer?
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