Private employment remained good in 2017
French companies have created more than 250,000 salaried positions in 2017
Private sector employment remains robust: French companies created more than 250,000 salaried jobs in 2017, a year that saw construction return to green for the first time since 2008.
The trend is not weakening. The year ended with 53,300 job creations (+ 0.3%) in the fourth quarter, the ninth consecutive quarter at 50,000 or more. As a result, in 2017, the private sector workforce increased by 253,500 jobs (+ 1.3%), reaching a record 19.27 million employees at the end of the year.
These figures even show a slight acceleration of the job market, after 234,500 creations in 2016 and 129,700 in 2015. France had destroyed jobs from 2012 to 2014.
As in previous years, market services, and to a lesser extent, temporary employment, were the locomotives of private employment.
The commercial tertiary sector created, apart from temporary work, 178,000 jobs over the year (+ 1.6%), while temporary work created 45,500 jobs (+ 6.6%). With 734,400 posts, the interim reached a record at the end of 2017.
But the most notable event of the year 2017 occurred in construction. The sector, which has destroyed nearly 200,000 jobs since the 2008 crisis, had its first positive year in nine years. The worksites created 21,300 jobs last year, excluding temporary work (+ 1.6%). They find a workforce comparable to those of mid-2015.
Industry, on the other hand, has not been at such a party. Factories lost 10,100 jobs (-0.3%) in 2017. They have not recorded any net job creation since the year 2000, even disappearing over the period nearly a million jobs, a quarter of their workforce.
Only positive sign, the destruction has still slowed down.
– Offers not provided –
Agriculture (+5,800, + 2.0%) and non-market services (+12,900, + 0.5%) saw their employees increase last year.
253,500 jobs created in 2017
For non-market services, however, the year ended with a drop in the fourth quarter (-5,000, -0.2%), while the sector is affected by a drastic drop in the prescriptions of contracts helped since summer.
In all sectors combined, employment growth was stronger than the expected increase in the labor force. In its note of conjuncture published in December, INSEE expected to see inflow 21,000 assets in the fourth quarter, 128,000 over the year.
This is a good omen for Thursday’s publication of the unemployment rate at the end of 2017.
In the 3rd quarter, the indicator stood at 9.7% of the workforce in France, down 0.3 points since early 2017. INSEE sees the rate drop to 9.5% at the end of 2017, then at 9.4% in mid-2018.
Pôle emploi, for its part, has already published its figures for 2017. Over one year, 15,700 unemployed (-0.5%) left the lists of the operator in France.
The founder of Gel Groupe Guilhem de Lajarte stands in front of the “Job Bus” on June 12, 2017 at the headquarters of Saint-André-de-Corcy near Lyon. Gel Groupe stands as a corporate guide for human resources
If, for now, the decline in unemployment remains limited, the Minister of Labor, Muriel Pénicaud, said Monday that she expected a significant and “sustainable” decline in the unemployment rate “towards the end of the year and especially in 2019 “, thanks to the structural reforms initiated by the government. In October, President Emmanuel Macron placed this horizon in “a year and a half, two years”.
Ms. Pénicaud emphasized the investment plan on “skills”, while Pole Job estimated in December that in 2017, between 200,000 and 330,000 offers had remained unfilled “lack of candidate”.