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In 2020, 320,200 private salaried jobs were destroyed in France

2021-03-09T07:25:23.131Z


The health crisis had a massive effect on employment last year. But France limited the breakage, both in the fourth quarter and over the year.


In 2020, the announced apocalypse on salaried employment will not have been as terrible as feared.

According to the latest consolidated data from INSEE, in the fourth quarter, 20,600 salaried jobs were destroyed over the last three months of the year, public and private combined.

The first INSEE estimates, published a few weeks ago, were more pessimistic and have since been revised upwards.

Read also: Is the return to full employment in France in 2025 possible?

In total, over the year, therefore, 283,900 jobs will have disappeared.

The decrease amounts to 320,300 jobs in the private sector over the year, when 36,200 jobs were created in the public sector.

Losses are particularly numerous in the commercial services sector (-326,000) and industry (-57,500).

Conversely, the non-market tertiary sector, construction and the civil service have created jobs.

In the fourth quarter, the decrease is concentrated in the private sector (-28,200 jobs).

The public sector, on the other hand, gained 7,600 jobs.

Another trend, temporary work continues to rebound: after falling 40.3% in the first quarter (-317,300 jobs), it gained 240,000 jobs in the second and third quarters and continues to recover over the last three months of the year. year.

Gaining 5.1% in the fourth quarter, it ended the year by losing 41,900 jobs in total compared to its level at the end of 2019

The year was therefore particularly eventful on the employment front: the first quarter, cataclysmic, led to the destruction of 488,000 jobs, a trend aggravated by the loss of 201,000 jobs in the second quarter.

That is to say nearly 700,000 positions in one semester.

A sharp rebound was then observed, with deconfinement and thanks to the summer, which saw the creation of 425,600 jobs.

And, during the fourth quarter, the return of containment and restrictions put a stop to this recovery started.

Ultimately, salaried employment returned to its 2018 level, canceling out several years of increase.

In the fourth quarter, employment development was less negative than expected.

Insee, Le Figaro

Slow but assured improvement

The storm could have been much worse, however: in December, INSEE said it expected the destruction of 301,000 additional jobs, while the second confinement was still in place.

In total, "

between the end of 2019 and the end of 2020, 597,000 salaried jobs would therefore have been destroyed, or 2.3% of the pre-crisis level

", predicted the national statisticians at the time.

The drop is therefore much less marked than expected.

The shields deployed by the executive since the start of the crisis have played their part, the fall in employment having been much less marked than that in activity.

Partial unemployment, in particular, "

concerned up to one in three employees in April,

" recalled INSEE.

Commenting on these figures, Bruno Le Maire estimated that “

employment suffers less than what had been anticipated.

320,000 jobs lost, that is three times less than what had been anticipated,

”he declared on France 2. The“

measures taken

”have made it possible to improve the“

resistance of the labor market

”. congratulated the boss of Bercy.

Activity still at 95% of normal

The situation will take time to improve.

In its situation report, published Monday evening, the Banque de France emphasizes that French activity has capped at 95% of normal, in January and February.

While some sectors "

not directly exposed to health measures

" are doing well, others "

more directly affected

" are operating at a slower pace or even continued to decline.

A situation which made Bruno Le Maire say, a few days ago, that there were, today, “

two economies in France

”.

In March, the Banque de France expects a "

wait-and-see behavior

" from companies, which see their future emerging slowly but surely.

"

GDP would be up slightly in the first quarter compared to the previous quarter,

" predicts the institution, which expects an average annual growth at the end of March "

close to 4%

".

The executive, for its part, hopes for a "

movida

", in the words of Gabriel Attal, in other words a good rapid recovery, dynamic and creative, once the health restrictions have been lifted.

The rebound in the third quarter gives them reason to hope: with the end of the first confinement, consumption and activity had taken off again during the summer.

Source: lefigaro

All life articles on 2021-03-09

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