According to INSEE, private salaried employment continues its momentum and increases further by 0.4% in the third quarter.
Private salaried employment continued to be dynamic in the third quarter in France with an increase of 0.4%, or 89,400 net job creations, according to the provisional estimate published Tuesday by INSEE. Employment continues to growalmost at the same pace as in the first two quarters after +0.5% in the second (+93,000 jobs) and +0.4% in the first (+88,200)“, underlines INSEE in its press release.
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Over one year, the increase is 2.2%, or 445,000 jobs. At the end of September 2022, employment exceeded its level before the health crisis, at the end of 2019, by 4.3%, or 856,800 jobs. “Work-study contracts, and in particular apprenticeship contracts, continue to make a significant contribution to this dynamic», Explains the Institute of Statistics. In detail, temporary work is on the rise again: +2.3% (or +18,300 jobs) after two consecutive quarters of decline. It is 3.9% higher than its pre-crisis level.
Excluding temporary work, industrial employment increased by 0.4% after +0.3% in the previous quarter. “While it had caught up to its pre-crisis level in the second quarter of 2022, it now exceeds it by 0.4% (i.e. +12,900 jobs) and is at its highest level since the first quarter of 2015“, emphasizes INSEE.
Following on from the first two quarters
In construction, employment remained virtually stable: +0.1% after stagnating (0.0%) in the previous quarter. However, it had increased significantly in the previous two years, so that it exceeded its end-2019 level by 6.4% (+94,500 jobs). 0.5% after +0.8% (i.e. +60,400 jobs). “This dynamism explains most of the total increase in private salaried employment“, emphasizes INSEE. In this sector, employment exceeded its level of a year earlier by 2.7% (ie +323,500 jobs) and by 5.2% that of before the crisis (ie +601,500 jobs). Employment in the non-market tertiary sector increased moderately: +0.1% after +0.4%. But it far exceeds its level at the end of 2019 (+4.4% or +114,100 jobs).
Employment continues to growalmost at the same pace as in the first two quarters after +0.5% in the second (+93,000 jobs) and +0.4% in the first (+88,200)“, underlines INSEE in its press release.