and the departments concerned work employment

It is a Fund where much is in the form. By announcing Wednesday the creation of a "social investment of 2.5 to 3 billion euro Fund" designed to train and support the victims of the crisis, Nicolas Sarkozy has made, in appearance, a strong gesture in the direction of the unemployed and unions starting with the CFDT, the origin of the proposal. But while the State promises to fund itself this device to the tune of EUR 1.5 billion, it provides in fact that 800 million new credits, which will be a budgetary collective in the spring. The rest is the 500 million registered in the employment of the stimulus plan component and 230 million found in the drawers (experimentation Youth Fund, European social fund). The new contribution of the State is also presented as a ceiling: "up to 800 million euros of additional bonus", indicates the Elysee, without specifying conditions.

Many transfers

All will not either, far from there directly to the formation: among other things, the Fund will also fund the bonus of 500 euros (for 117 million euros) promised by the State to the precarious for two to four months of work.

Support to the social partners, explained Nicolas Sarkozy, to complete themselves the envelope drawing on funds of unemployment insurance and vocational training, they manage an equal number. To this end, they should mobilize the "Emergency Fund" of EUR 200 million created in January in the agreement on vocational training. It also provides for a Fund of "securing routes" of EUR 900 million in 2010.

On Wednesday, Laurence Parisot has proposed that 400 of the 900 million are mobilized right now. Before seem to be back, walk yesterday morning, believing that "nothing has been tells us on how to finance the social investment fund". Unedic will be also made contribution, since the new Fund shall also finance agreements for custom reclassification (CRP). All these potential transfers must now be discussed between the social partners.

"A beautiful display.

In these conditions, the uncertainty and scepticism reign. François Chérèque (CFDT) asked the Government to "go further" in its funding. "This Fund is a beautiful view, but it only makes sense if it is really fed." "To do this, the State must return on the fiscal shield", explains Maurad Rabhi, for the CGT.

Stéphane Lardy (FO) was "doubtful" to a "large tote built on a logic of reallocation of existing funds already." Especially, he fears the State is in reality, through this, to "regain control" on funds previously managed by the social partners, "as he already attempted to do the negotiation on vocational training".

In fact, the social investment fund, said the Elysee, will be "moderated by an intelligence unit" composed of the social partners... and the "departments concerned" (work, employment). The objective of this pilot focused funds and previously dispersed devices is, as noted yesterday the Prime Minister, François Fillon, gain efficiency and "flexibility" showing "innovative". The long list defined by the Elysee of potential uses of the moneys paid into the Fund (financing of the partial unemployment, assistance in enterprise creation, support for the management of jobs, building alternate devices) indeed leaves a wide margin of manoeuvre.