Market news
12.12.2017, 07:25

French NFP in line with expectations in Q3

In Q3 2017, net payroll job creation reached 44,500, that is an increase of +0.2% after an increase of +0.4% in the previous quarter. The payroll employment increased by 49,900 in the private sector while it decreased by 5,400 in the public sector. Year on year, it rose by 269,100 net jobs (that is +1.1%): 260,100 jobs were created in the private sector and 9,000 jobs in the public service.

In Q3 2017, payroll employment in industry continued to decrease slightly: −2,800 (that is −0.1%, as in the previous quarter). Year on year, industry lost 15,600 jobs (that is −0.5%).

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