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France — Employment stabilises in the third quarter of 2009

16 November 2009

According to figures published by the National Institute for Statistics (INSEE) net job losses in the business sector in the third quarter of this year amounted to only 5,500 jobs. This figure contrasts sharply with the very high job losses registered since the second quarter of 2008, Le Figaro reports.

Compared to the third quarter of 2008, employment in the business sector was down by 2.1%. The Secretary of State for Labour, Laurent Wauquiez said "the different measures taken by the government have clearly stopped the very high job losses of the past."


Temporary employment in the tertiary sector is up by 8.6% (+37,700 jobs) in the third quarter of 2009. This should, however, be seen in the context that temporary employees in France are always registered in the tertiary sector irrespective of their employment. Apart from temporary employees, the tertiary sector is up by 0.4%.

Employment levels in industry are down by -1% in the third quarter, which is lower than in the second quarter (-1.4%). This brings the number of job losses in industry to -33,900 in the third quarter of 2009 and to -157,500 compared to the third quarter of 2008.

According to figures published by the Ministry for Labour, base salaries are up by 0.5% compared to the second quarter of 2009 and by 2% on a year-by-year basis.

 

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