Market news
10.11.2017, 07:59

French private payroll employment slowed down softly in Q3 says Insee

In Q3 2017, private payroll employment slowed down softly : +0.2%, after +0.4%, that is +29,700 jobs after +81,500. Year on year, private payroll employment increased by +1.3% (that is +240,900 jobs). Excluding temporary employment, it increased over the quarter by +0.2% (that is +28,200 jobs) and by +0.8% over the year (+152,800 jobs).

Private payroll employment was almost stable in industry (−0.1%, −3,600 jobs) and in agriculture. It continued to increase strongly in construction (+0.5%, that is +6,700 jobs, after 0.4%). Year on year, private employment dipped by 15,700 in industry whereas it increased by 18,100 in construction.

In Q3 2017, in market services, private employment slowed down: +0.3% (that is +31,000 jobs), after +0.6%. Excluding temporary employment, the slowdown is less pronounced: +0.3%, after +0.4%. Private employment in non-market services decreased by 0.2% over the quarter (after +0.2% in the previous quarter) but increased over a year (+0.5%, that is +12,500 jobs).

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