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100,000 jobs lost in one year in Ile-de-France

2021-04-13T10:35:28.720Z

The Covid crisis continues to ravage the capital region economically. The latest INSEE barometer confirms this for the 4th tr



In the fourth quarter of 2020, in Ile-de-France, the health restrictions associated with the Covid-19 epidemic put a stop to the economic recovery that began in the third quarter.

The region thus lost 23,000 salaried jobs over the quarter (-0.4%), a more pronounced decrease than in France (-0.1%).

As in spring 2020, the region is more impacted than the rest of the country by measures to curb the epidemic, due to its sectoral specialization (tourism, culture, etc.).

The number of overnight stays recorded by Ile-de-France hotels has been divided by five compared to the fourth quarter of 2019, a more marked drop than in the rest of the country.

Here is the summary of the latest INSEE bulletin on the economic health of Ile-de-France at the time of the health crisis.

In detail, after a third quarter marked by significant job creations (+ 89,000), employment fell in Ile-de-France in the fourth quarter of 2020, under the effect of the new restrictions put in place at the end of October.

The net loss is thus 23,000 salaried jobs compared to the previous quarter (-0.4%).

A still spectacular drop, however less marked than those recorded during the first two quarters of the year.

The region records a third of national losses

Once again, the capital region suffers more than other French regions because the sectors which traditionally are the strength of the Ile-de-France economy are precisely those which are most affected by the health crisis.

Thus, job losses are strong in accommodation and food services (-3.8%).

The number of hotel nights has fallen by 80% compared to a year ago.

The situation deteriorated particularly during the last two months of 2020 mainly due to the second confinement between October 30 and December 15.

Ile-de-France suffered the sharp decline in stays by tourists and business travelers, in connection with the cancellation of a large number of trade fairs.

The situation on the employment front is not the same everywhere, according to the departments.

Thus, only Val-d'Oise (+ 0.1%) and Seine-Saint-Denis (+ 0.2%) are gaining jobs for the 4th quarter of 2020. For Seine-Saint-Denis, that s' partly explained by the strong recovery (+ 17.2%) of temporary work.

Conversely, the drop in employment is particularly pronounced in Hauts-de-Seine and Paris (-0.6%), due to high losses in accommodation and catering, scientific and technical activities and other service activities.

Over the whole of 2020, more than 100,000 jobs have been destroyed in the region, more than a third of national losses!

AT

Conversely, in construction, job creation continued at a high rate with 8,100 additional jobs in one year (+ 2.7%).

Source: leparis

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