A report recommends upgrading a minimum of SMIC

While the government prepares to decide the amount of the revaluation of the SMIC, the expert group meeting in May as part of the reform of the minimum wage has submitted its report Friday to Labor Minister Xavier Darcos. In line with that of June, the five economists unanimously pronounced against a higher minimum wage set to date to 1331 euro gross for a full-time – above the legal minimum, that is to say an equivalent increase half of the purchasing power of average hourly wage recorded by the Department of Labor revealed Monday morning Voices.

Paul Champsaur, Chairman of the Panel, also chairman of the authority of official statistics, justifying this recommendation will "not undermine the economic and financial firms in an economic context remains fragile.An analysis that comes to support from the government, which had refused such an increase in the draft finance law for 2010.

Other devices for more effective fight against poverty

In line with recent studies by the OECD on the fight against poverty, Paul Champsaur, Martine Durand, deputy director of employment in the OECD, Gilbert Cette, chief economist of the Bank of France, Francis Kramarz Director of the Center for Research in Economics and Statistics (CREST) and Etienne Wasmer, professor at Sciences Po, highlight the most effective policies to support labor income, such as RSA or the earned income tax.The latter "have contributed very significantly to the increase in purchasing power of wages paid the minimum wage over the last ten years" noted experts who will decide accordingly to a "prudent management of SMIC articulated in a Master of labor costs and an appropriate policy to support the labor income of poor families.

The government decision that will affect some 2.6 million people currently receiving the minimum wage is expected next December 15.

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