Several leading indicators pose the threat of a turnaround in the labor market trend.
This is a detail that has gone almost unnoticed but which could say a lot about the state of the labor market in the coming months… In early June, on the occasion of the publication of salaried employment figures, INSEE revealed, for the first time in seven quarters, a fall in temporary work. Between January and March 2022, the sector which was just recovering from two years of Covid crisis recorded 13,800 job destructions, a decline of 1.7% in one quarter. A fall which by its volume should not lead to catastrophism, but which nevertheless blows a strong wind of concern on the prospects for the evolution of the labor market. For a simple reason: temporary work is often considered a leading indicator of the economy. Which means that, through its movements, it theoretically gives the temperature and the major employment trends in advance.
Read alsoDefining the professions of the future, a crucial issue
In concrete terms, temporary work is the most flexible form of salaried employment. It is so…
This article is for subscribers only. You have 75% left to discover.
Cultivating your freedom is cultivating your curiosity.
Keep reading your article for €0.99 for the first month
Already subscribed? Login