Economy has been screwed up badly by the unintended consequences
World economy has been screwed up badly by the unintended consequences of "good-or-bad" intended laws and polices like the one you just proposed.
If it's that simply, why not make a law declaring that everyone is only allowed to work up to 20 hours a week and requiring the minimum wage of $100 per hour ($100K a year). Bingo, problem solved, everybody happy forever, right? Won't that be great?
France will the next major domino to fall, exactly due to the reason you just mentioned -- "they basically are in vocation or on strike".
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sorry, I've most likely wasted too much of my break-time to shit around...