Number of jobs in industry drops in France

Number of jobs in industry drops in France

The INSEE ( l’Institut Nationale de la statistique et des études éconimiques), the French census board for statistics and economic studies, have today published the latest data pertaining to the number of people employed across the different work sectors over the last year. By and large the data gives reasons for the sector to be optimistic overall: the figures show an increase of 0.3% employment in non-agricultural market sectors, with 40 400 jobs created in the second quarter of 2016, following on from the 46 500 jobs added in the previous quarter.

 

Over the year 2015, 159,600 jobs were created, primarily in the commercial sectors (+ 1%). However, unfortunately jobs in the industry sector are quite clearly in decline, with 8,400 jobs less in the second quarter of 2016, equating to a 0.3% drop in job numbers, following on from a similar decline in the last quarter of 2015 (where 7200 jobs were shed, giving a 0.2 % drop in jobs overall).

 

Here is the summary table published by INSEE:

Evolution of number of employees across different sectors

Evolution over 3 month period (in thousands of employees) Evolution over year Level
2015 2016 2016 2016
T4 T1 T1 T1
Commercial Sector 46.5 40.4 159.6 16021.1
Industry -7.2 -8.4 -32.5 3117.1
Manufacturing industry -6.1 -7.3 -30.2 2749.8
Construction -2.9 0.8 -19.0 1318.5
Tertiary 56.7 47.9 211.1 11584.4
Temporary workers 19.0 2.0 58.4 588.2
Non-commercial sector 8.3 8.4 27.4 2024.3
All sectors combined 54.8 48.8 187.0 18045.4

Source: INSEE

 

The institute took advantage of the publication of these latest figures to upwardly revise its estimate of employment in the market sectors for the last quarter of 2016 and the first quarter of 2017.

 

For the last quarter of 2016, the figure has been inflated by 14 700, while for the first quarter of 2017, 16,000 more jobs have been estimated. These changes are the result of methodological changes, but also the “scalability” of the DSN (Authorized Social Statement), which is gradually replacing the BSC (Social Payment of Fees) system of calculation.