Youth disillusionment in France

A growing number of young French people are considering leaving the country, with 47% of those under 35 reporting seriously considering departure in the coming years. This trend highlights a deepening disillusionment with the French retirement system and the broader economic framework.

Broken intergenerational contract

The concerns are centered on a perceived broken intergenerational contract, where young workers feel they are being taxed heavily to fund current expenses without credible future benefits. This sentiment is fueling a sense of unfairness and lack of long-term security among younger generations.

Financial pressures on young professionals

Young professionals, such as a 28-year-old engineer earning 3,500 euros gross per month, face nearly 40% in withholdings, with little assurance of a viable retirement at 67, degraded public services, and unaffordable housing. The national public debt of 3,300 billion euros is seen as a burden they will have to bear.

Criticism of France's tax system

France's tax system is criticized as being anti-family, anti-property, and anti-work, with higher taxes on additional hours worked and penalties for couples who both work. In contrast, neighboring countries like Germany, the Netherlands, and Switzerland offer lower tax pressures and more favorable pension systems.

Relocation as an economic strategy

Qualified young professionals are increasingly looking to cities such as Berlin, Amsterdam, Zurich, Dubai, and Montreal, viewing relocation as a coherent economic survival strategy. These cities are perceived to offer better financial stability and living conditions.

Lack of reform and political focus

Despite these concerns, no major tax reform has been proposed that would incentivize young workers to remain in France. With the upcoming presidential election in less than six months, the focus remains on "tax justice" and "public investments," rather than addressing the systemic issues driving youth disillusionment.