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62,100 net job creations were identified, according to provisional INSEE figures, compared to 95,600 in the first quarter. A smaller increase that reflects the slowdown in the growth of the economy.
The growth of salaried employment in the private sector in France slowed to 0.3% in the second quarter, after its jump of 0.5% over the first three months of the year, according to a "flash" estimate released Friday by INSEE.
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A total of 62,100 net job creations were registered over the period, compared with 95,600 in the first quarter, which was the highest since the fourth quarter of 2017. This decline reflects the slowdown in the growth of the economy, which has reached 0.2% in the second quarter compared to 0.3% in the previous three months. The first quarter creation figure was previously announced at 92,800.
The French economy has been experiencing net job creations in the private sector uninterrupted since the spring of 2015. Over one year, the increase in salaried employment in the private sector accelerated slightly to + 1.3%, with 259,400 net job creations – a high since the first quarter of 2018 – after + 1.2% in the previous quarter.
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Excluding temporary work, it also increased by 0.3% over the quarter, with 61,100 jobs created net, and 1.4% over one year (+266,300 jobs).
By sectors, employment continued to rise in market services in the first quarter, with 47,500 net creations (46,500 excluding temporary work). The construction created 9800 positions and the industry, which recorded a positive eighth consecutive quarter, 3000.
Over one year, private employment increased by 186,300 in the services, 41,400 in construction and 20,000 in industry. Private non-profit employment remained stable in the first quarter, with growth over one year being 0.3%.
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