A slight improvement: the second quarter of 2020 saw the destruction of 119,400 jobs in France in the private sector, against 497,500 jobs wiped off the map in the first quarter under the effect of confinement, according to an estimate by INSEE published on Friday . Over one year, salaried employment fell by 2.5%, or -480,000 jobs, a comparable level at the end of June 2017, recalls the Institute.
After an "unprecedented" fall in the first quarter (-40.4%), temporary work rebounded: + 23.1%, or 108,500 job creations. It began to recover in May, before increasing "markedly" in June.
“In mid-2020, however, it remains 27.1% lower (or -214,800 jobs) than its level a year earlier,” said INSEE. Excluding temporary work, salaried employment continued to decline, falling by 1.2% (-227,900 jobs).
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Market services struggling
The driving sectors of employment in France are not recovering: in market services (industry, construction, commercial services), salaried employment fell by 0.6% in the second quarter, after -2.8% in the first, or -3.4% over the half-year.
This is the largest drop over a semester recorded since the start of this series by INSEE, carried out from 1970. The Institute emphasizes that at the heart of the 2008-2009 crisis, between September 2008 and March 2009, market services fell 1.7%.
Slight increase in the base salary index
In the first quarter of 2020, the private sector monthly basic salary index (SMB) increased by 0.9% and by 1.4% year on year in companies with ten or more employees, according to the results published today. Friday by the Direction of the animation of research, studies and statistics (Dares).
The basic hourly wage index for workers and employees (SHBOE) rose 0.9% in the first half of 2020 and 1.4% over one year.
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Developments that must be compared with inflation over the period: consumer prices (for all households and excluding tobacco) decrease by 0.1% between June 2019 and June 2020. The average collective weekly duration of work remained stable at 35.6 hours on June 30, 2020.