01 June 2022 Press release
The Prince’s Government is stepping up its initiatives aimed at guaranteeing Monaco’s attractiveness and boosting sustainable employment for young people by simplifying the associated administrativ...Read more of Launch of Youth Employment Unit website
29 March 2022 Press release
As part of the measures to support businesses in the Principality, the Prince’s Government and Monaco City Hall have decided to once again allow shop and restaurant terraces to occupy the public hi...Read more of Shop and restaurant terraces can occupy public highway for free during Q1 2022
18 March 2022 Press release
On Thursday 17 March, the Monegasque Institute of Statistics and Economic Studies (IMSEE) held a press conference regarding the Principality's Economy Bulletin for the fourth quarter of 2021 (cumul...Read more of Presentation of the quarterly Economy Bulletin for Q4 2021
14 March 2022 Press release
Monaco Boost published a fourth call for applications in the Journal de Monaco on Friday 11 March 2022.This call is now open to spouses of Monegasque nationals who want to start a new business. The...Read more of Monaco Boost launches new call for applications – also open to spouses of Monegasque nationals
25 October 2021 Press release
Monaco Boost is launching a third call for applications, which was published in the Journal de Monaco on Friday 22 October 2021.The business incubator offers entrepreneurs of Monegasque nationality...Read more of Third Monaco Boost call for applications launched
07 July 2021 Press release
The Committee for Graduate Employment (CID), chaired by the Minister of State, Pierre Dartout, met on Tuesday 6 July 2021 to review its activities.At this meeting, the 2020 annual report and an upd...Read more of 11th Annual Meeting of the Committee for Graduate Employment
18 June 2021 Press release
Economic Recovery Plan - Red & White FundThe Prince's Government has decided to prolong its support to the Principality's shops and restaurants via the CARLO app by continuing to cover the cost...Read more of CARLO App : Continuation of Public Action
18 June 2021 Press release
The partnership between the Junior Economic Chamber of Monaco (JCEM) and the business incubator Monaco Boost was made official on Wednesday 16 June at the premises of Monaco Boost, in the presence...Read more of The Junior Economic Chamber of Monaco becomes a Partner of Monaco Boost
31 May 2021 Press release
Monaco Boost, the Principality's business incubator, has launched a second call for applications, as published in the Journal de Monaco on 28 May 2021.Private or shared workspaces are being offered...Read more of Launch of the Second Call for Applications for Monaco Boost
22 March 2021 Press release
On Monday 22 March, Sophie Vincent, Director of Monaco Statistics (IMSEE), presented and analysed for the press a report on the economy in 2020. Minister of Finance and Economy Jean Castellini and...Read more of Monaco Statistics publishes Quarterly Economy Bulletin for Q4 2020
Helping everyone achieve success in their professional life in Monaco
Monaco's dynamic economic infrastructure and favourable conditions for businesses have for a long time allowed it to be a country with almost full employment. Moreover, Monaco is highly appealing to professionals in key sectors and activities from all over the world.
The matter of employment is therefore addressed by the Prince’s Government not just to resolve issues of unemployment, but also to make the most of the economy's attractiveness and allow everyone to progress in his or her working life.
The period when someone is looking for work is organised to optimise the interaction between two missions, two employers or even two trades. This period is an opportunity to organise training sessions or map out a career path. Businesses are contacted so as to identify people who best match the posts to be filled.
The Prince’s Government is committed to making everyone's career path as smooth as possible. There are specific measures to help young people with qualifications enter the world of work. Throughout working life, there is support for progression and retraining. Finally, special attention is given to adults in difficulty, whether from a disability or a period of unemployment.
Concern for social dialogue with appropriate Labour Law
The spirit of consensus that exists in the Principality naturally extends to social relations in Monegasque businesses.
In Monaco, labour law is the subject to a specific regulatory framework. While respecting this specificity, the regulatory framework will be adapted in line with developments in international standards governing work, safety, hygiene and conflict resolution.
The Government regularly conducts awareness-raising campaigns for employers and employees and can be called upon to play the role of moderator or conciliator to improve social dialogue. Click here to find out more
An envied social protection and pensions system
The Prince’s Government places great importance on the quality of social protection the level of retirement pensions paid under the contribution system. In Monaco, the level of services offered is advantageous for the beneficiaries.
However, economic activity impacts on the resources of the Monaco Social Funds, and the social partners, supported by the Prince’s Government, are very vigilant with respect to maintaining a balance while protecting the future as far as possible. Click here to find out more