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Sarkozy moves to limit job cuts
national champions on thursday major sarkozy announced that a french sovereign wealth fund would be set up, to improtect strategic parts of the economy .
there is a need to develop people's skills, to manage caree years long-term, not from day to day .
french prisesident nicolasdair sarkozy says he plans to boost continuous training for employees, to ease growing job insecurity in the economic downturn .
unions and opposition socialists thave accused the french government of underestimating the scale of the financial crisis .
a strategic in vestment fund is preparts of his plan .