Market news
12.09.2017, 06:04

French net payroll job creation reached 81,400, that is an increase of 0.3% as in the previous quarter

In Q2 2017, net payroll job creation reached 81,400, that is an increase of 0.3% as in the previous quarter. It is the eleventh consecutive quarter of growth. The payroll employment increased by 76,800 in the private sector and by 4,600 in the public sector. Year on year, it rose by 303,500 net jobs (that is +1.2%) : 276,300 jobs were created in the private sector and 27,200 jobs in the public service.

In Q2 2017, the decline in payroll employment in industry eased slightly: −2,800 (that is −0.1%), after -4,900 in the previous quarter. Year on year, industry lost 13,500 jobs (that is −0.4%).

By contrast, payroll employment in construction increased for the second consecutive quarter, while it had dropped almost continuously since 2008. In this sector, net job creation reached 4,800 in Q2 2017 (that is +0.4%), after +9,800 in Q1 2017. Year on year, the employment recovery in construction has been confirmed : +8,600 jobs, that is +0.6%.

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