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Edition: U.S. Article Comments (0) Email Print Reprints Read India races to ready Games Village in time 11:18am EDT Netanyahu urges settler restraint as moratorium ends 11:40am EDT Verizon to End the Unlimited Data Party 24 Sep 2010 Defying Israel, Jewish activists sail for Gaza 9:38am EDT Analysis: RIM and Samsung should avoid head-on Apple clash 24 Sep 2010 Shared U.S. Nuclear Weapons Have Been Compromised by Unidentified Aerial Objects PR Newswire 15 Sep 2010 Verizon to End the Unlimited Data Party 24 Sep 2010 India races to ready Games Village in time 11:18am EDT Travel Picks: Top 10 sexiest buildings 24 Sep 2010 Belgium experiments with mystical "full moon" beer 24 Sep 2010 Watched Destination Kashmir Sat, Sep 25 2010 Obama: GOP plans "disastrous" Sat, Sep 25 2010 NASA unveils latest mars rover Tue, Sep 21 2010 French pension strikes highlight youth jobs malaise Tweet This Share on LinkedIn Share on Facebook Factbox Factbox: European workers hold anti-austerity protests Thu, Sep 23 2010 Related News French unions up stakes in new pension protest call Fri, Sep 24 2010 UPDATE 2-French unions up stakes in new pension protest call Fri, Sep 24 2010 UPDATE 4-French strikes challenge Sarkozy on pension reform Thu, Sep 23 2010 French strikes challenge Sarkozy on pension reform Wed, Sep 22 2010 Related Topics World » Students shout slogan as they attend a demonstration with private and public sector workers over pension reforms in Lyon September 23, 2010. Credit: Reuters/Robert Pratta By Nick Vinocur PARIS | Sun Sep 26, 2010 7:40am EDT PARIS (Reuters) - Retirement is a distant horizon for a 23-year-old, but that has not stopped French youths from bringing their anxiety about the future into the heart of a protest movement against pension reform. The thousands who marched in protests this week magnified the fears of a generation facing high joblessness, years of fiscal austerity, an aging population and the prospect of working much longer careers than their parents, analysts said. Their participation caught French media by surprise, coming ahead of the start of classes at many major universities and despite government efforts over the summer to appease students by boosting grant payouts. "Why are young people in the streets?" asked a banner headline in Le Parisien daily on the day of the strikes. Anne Muxel, an expert in youth movements at Sciences Po' university in Paris, said youthful concerns about pension reform were symptomatic of deeper anxiety about their prospects. "This is a generation that feels deep anxiety about its future, that is afraid," she said. "It's a general anxiety that encompasses the job market and (youths') professional prospects, but also in the longer term the idea of retirement." High social costs and rigid labor laws make employers reluctant to offer youths long-term work contracts. Studies are long, and few students hold jobs. On average, French youths start their career at 27, later than in Germany or Britain. This has fed youths' worries about how long they will have to contribute to their pensions, as the reform calls for extending the pay-in period to 41.5 years from 40.5 by 2020. Many argue that an aging population will force them to work for longer and longer -- more than the two-year increase called for by the reform -- to pay for an ever larger pool of pensioners from the baby-boom generation. "This reform is meant to be led in the name of young people but we will be the hardest hit," said Marion Oderda, 24, a student at Paris XII university who joined the protest. The government has said that without its reform, the pension system will lose 45 billion euros ($60 billion) per year by 2020. A draft of the reform bill has been approved by the lower house of Parliament with final passage expected next month. PRACTICAL ANGER While students remain a powerful force in French society, their motivations have changed since May, 1968, when student-led protests sent President Charles de Gaulle into hiding. This generation is more practical. "I am just worried about finding my first job, not to mention starting to contribute for my pensions," said Gaelle Loiseaux, 22, a university student in Paris. 1 2 Next World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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