Salaried employment in France, including the overseas departments, fell by 2% during a first quarter marked by the repercussions of the coronavirus crisis, which represents half a million destroyed jobs, according to data published on Thursday, June 11, by INSEE.
Over the January-March period, the French economy destroyed 502,400 net jobs, almost exclusively in the private sector with 497,400 net job losses (-2.5%), the loss in the public sector being limited to 4 900 jobs (-0.1%).
This fall, during a period marked by the start of containment on March 17, was mainly fueled by the plunge of temporary workers (318,100 jobs destroyed, representing a collapse of 40.4%).
At the end of the first quarter of 2020, salaried employment drops by 2.0% https: //t.co/kpNM0tNszJ
- Insee (@InseeFr) June 11, 2020This drop represents the largest since the start of this statistical series in 1990. By comparison, during the economic crisis of 2008-2009, temporary employment fell by 13.9% in the fourth quarter of 2008 and then by 13% in the first quarter 2009.
The drop concerns all sectors, but it is stronger in construction (-60.5%) and industry (-40.7%) than in the tertiary sector (-31%).
>> Read: France revises its budget for the third time to support the economy
Excluding temporary work, the drop in paid employment stood at 0.7%, with 184,300 jobs destroyed.
The French economy thus found itself at the beginning of the year in a situation of net job destruction for the first time since the start of 2015 and salaried employment returned to its lowest level since the fourth quarter 2017.
With AFP and Reuters
The France 24 week summary invites you to come back to the news that marked the week
I subscribeTake international news everywhere with you! Download the France 24 app
google-play-badge_FR