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The evolution of the labor market surrounded by the greatest uncertainty

2020-03-31T16:54:32.300Z


So far, it is clear that employment is doing well, with many indicators showing green. But, at the end of the crisis, the situation may well change.


This is a logical and almost inevitable consequence of the coronavirus epidemic ... In the coming months, the health crisis could give way to a new crisis, this time on the employment front. Proof of this fear which is already hovering over the French economy, the employment climate indicator produced each month by INSEE lost 9 points in March and experienced its sharpest fall since 1991. The end of confinement and the crisis could therefore prove to be complicated for both employees and businesses, especially since whole sections of the economy are now already at a standstill.

So far, it is clear that employment is doing well, with many indicators showing green. On the one hand, the unemployment rate, which amounted to 8.1% of the working population in the fourth quarter of 2019, had never been so low since 2008. On the other hand, French companies have stop creating jobs for 19 quarters

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Source: lefigaro

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