Economics

Hiring Difficulties Cloud France’s Economic Recovery

  • Bank of France raises 2021 GDP forecast to 6.3% from 5.8%
  • Governor Villeroy de Galhau calls for labor-market reforms
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France’s sooner-than-expected economic recovery from the slump during the Covid-19 pandemic is reviving deep problems in the labor market that have long hobbled growth, the country’s central bank said.