Over one year, salaried employment fell by 2.5%, or -480,000 jobs, a comparable level at the end of June 2017, recalls INSEE. In market services (industry, construction, commercial services), which are the driving force behind employment in France, salaried employment fell by 0.6% in the second quarter, after -2.8% in the first, i.e. – 3.4% over the semester. This is the largest drop over a half-year recorded since the start of this series by INSEE, carried out from 1970. The Institute points out that at the heart of the 2008/2009 crisis, between September 2008 and March 2009, market services (industry, construction, commercial services) fell by 1.7%.
After an “unprecedented” fall in the first quarter (-40.4%), temporary work rebounded: + 23.1%, or 108,500 creations. Interim started to recover in May, before increasing “markedly” in June. “In mid-2020, however, it remains 27.1% lower (or -214,800 jobs) than its level a year earlier,” said INSEE.
Excluding temporary work, salaried employment continued to decline, falling by 1.2% (-227,900 jobs).
In construction, private salaried employment (excluding temporary work) increased by 0.3%, after a drop of 0.4% in the first. Industrial employment, also excluding temporary work, fell again, by 0.8% (-24,300 jobs) compared to the previous quarter, by -1.1% over one year.
Via LaDepeche
–
