In Q4 2017, payroll employment in industry rose by +6,400 (that is +0.2%, after 0.0%), its first increase since 2001. Year on year, the employment in industry is almost stable (that is +1,100). Likewise, the employment recovery in construction seems to have been confirmed. It accelerated at the end of 2017: +13,200 (that is +1.0%), after +2,500 in the previous quarter. Year on year, the increase reached +30,100 jobs (that is +2.3%), that is the largest increase since 2007.
French payroll employment increased steadily in Q4 2017
In Q4 2017, net payroll job creation reached 72,700, that is an increase of +0.3% after an increase of +0.2% in the previous quarter. Payroll employment increased by 82,300 in the private sector while it decreased by 9,600 in the public sector because of the decline in the number of subsidised employment contracts. Year on year, it rose by 268,800 net jobs (+1.1%): 277,700 jobs were created in the private sector and 8,900 jobs were destroyed in the public service.
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