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France — Salaries rise faster than cost of living despite recession

19 March 2010

The latest statistics for the fourth quarter of 2009 published today by the French government's official job centres (Pole Emploi) reveal that 83.9% of private sector workers in companies of more than ten employees (excluding agriculture) were full-time employees, 16.1% were on part-time arrangements.

The monthly basic salary index for all French workers (SMB) was up by 0.2% on the previous quarter. Compared to Q4 2009, the index was up by 1.9%.


As a comparison, the consumer price index (excluding tobacco) was up by 0.4% on the previous quarter and up by 0.8% compared to Q4 2008.

At the end of December 2009, 6.8% of workers had fixed term contracts (CDD). In companies, which employ between 10 and 19 people, 8.5% of staff worked on fixed term contracts. In companies, which employ 500 or more people, 6.3% of staff worked on fixed term contracts.

In machinery and equipment manufacturing, only 2.3% of staff had fixed term contracts, compared to 9.7% in the hotel and restaurant sectors, 12% in the public sector and 16.4% in the private services sector.

To read the full report in French language please click here

 

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