The government expects the economic crisis to cut 800,000 jobs in the coming months. This gloomy prognosis was made Wednesday afternoon by Bruno Le Maire, the Minister of the Economy, during a hearing before the finance committee of the National Assembly. In total, 2.8% of employment in France should therefore disappear, directly or indirectly impacted by the health measures deployed to fight the Covid-19 epidemic.
LIVE - Coronavirus: follow the situation Thursday, June 11
A recovery that is still too timid
The partial unemployment scheme rolled out on a large scale in mid-March has made it possible to limit the damage so far by keeping the staff of companies under perfusion. But it is not going to be able to last forever. In fact, since June 1, its formula has been less generous for businesses. As for the resumption of activity with deconfinement, it is there, of course, but it is laborious, hampered in particular by the extension of sanitary measures. These two factors combine to explain the grim forecast of the Minister of the Economy for the coming months.
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With 800,000 jobs destroyed in the near future, the impact of the health crisis is much greater than that of the previous great crises where the job destruction had been massive, but spread over time. The sectors most exposed this time, we know them: hotels, restaurants, clothing, aeronautics, automotive ... And, in their wake, thousands of subcontracting companies.