Big bang social of the five-year term: unemployment reform for the self-employed

For his five-year term, Emmanuel Macron promises numerous social reforms. In the firing line of change: unemployment insurance. Although controversial, this modification is nonetheless interesting for self-employed workers and micro-entrepreneurs. A look back at a highly controversial ordinance.

A helping hand for becoming a self-employed worker or micro-entrepreneur

Launching a business is not without risks. Faced with a market that is increasingly difficult to navigate, French people tend to forget their entrepreneurial projects. However, the economic recovery will not happen without business creation. According to INSEE, 223,350 micro-entrepreneur registrations were recorded for 2016, a figure still too low that this reform aims to tackle. The aim is therefore to encourage local investors to believe in France’s economic potential. From mid-2018 onwards, creators of small businesses can now benefit from an allowance that will help cover their needs in case of failure.

A boost for the fight against unemployment

Behind this innovation in unemployment insurance, the state anticipates a mass increase in job offers on the market. However, figures show that the majority of idea carriers are already workers and do not want to leave their positions to become self-employed. Through this new reform, candidates for resignation, ready to set up their own businesses, will benefit from this unemployment insurance in case of failure. The reform goes further since micro-entrepreneurs can already receive unemployment benefits (according to the ACCRE scheme) until they receive regular income. However, they receive nothing in the event of business cessation. This reform is therefore a godsend for budding entrepreneurs who want to realise their dreams of becoming their own boss and receiving unemployment benefits if, for various reasons, their project does not come to fruition.

A system that claims to be fairer and more preventive for self-employed workers or other micro-entrepreneurs with a more than positive prognosis since France can boast of having 50% of self-employed workers according to Les Echos by 2050.