Economics
French Companies Rush to Apply for Aid for 2.2 Million Workers
- Businesses seek state’s help to pay wages, limit joblessness
- Hirings have dropped by 70% on virus lockdown, minister says
A pedestrian walks past a closed cafe restaurant with chairs stacked inside in Paris.
Photographer: Cyril Marcilhacy/BloombergThis article is for subscribers only.
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French businesses are rushing to benefit from government aid to keep 2.2 million workers on their payroll as a lockdown to fight the coronavirus brings several industries to a halt, Labor Minister Muriel Penicaud said.