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Private sector employment remained stable in the second quarter of 2024, having grown by 0.3% in the previous quarter
Between the end of March 2023 and the end of June 2024, private sector employment remained stable (0.0%, or -7,900 jobs), whereas in the previous quarter it grew by 0.3% (+61,100 jobs). Private sector employment is 0.4% above its level in the second quarter of 2023 (+78,000 jobs) and 6.1% above its level before the health crisis (end of the fourth quarter of 2019) (+1.2 million jobs).
Temporary employment falls again
In the second quarter of 2024, temporary employment fell again after being largely stable in the previous quarter: -2.7% (-20,500 jobs after -0.1% and -700 jobs after -700 jobs). Temporary employment is 6.2% below its level in the second quarter of 2023 (-48,700 jobs) and 5.2% below its level before the health crisis (-40,700 jobs).
As a reminder, in this publication, temporary workers are counted in the temporary employment sector (within market services) to which they are paid, regardless of the sector in which they perform their tasks (agriculture, industry, construction, services).
With the exception of temporary workers, private sector wage bills continued to rise in the industrial sector, while they continued to fall in the construction sector.
Private sector employment excluding temporary agricultural workers fell by 0.7% (-2,100 jobs) in the second quarter of 2024, compared with -0.3% in the previous quarter. It is 1.1% lower than the same period last year.
In the second quarter of 2024, private employment in industry (excluding temporary jobs) continued to grow: it grew by 0.2% compared to the previous quarter (i.e. by 6,400 jobs compared to 6,700 jobs in the previous quarter). It is 1.0% above the level in the second quarter of 2023 (or by 32,800 jobs). After reaching the pre-sanitary level in the fourth quarter of 2021, it exceeded it again by +3.1% (net increase of 95,900 jobs since the end of 2019).
In the construction sector, private employment (excluding temporary workers) fell for six consecutive quarters: -0.4% after -0.6% (i.e. -6,300 jobs, after -9,000 jobs). It is lower than the level in the second quarter of 2023 (-1.5%; i.e. -24,100 jobs), but still well above the level before the health crisis (+6.0%, i.e. 88,200 more jobs compared to the end of 2019).
Employment in the market services sector slows down
In the second quarter of 2024, private wage employment (excluding temporary work) in the market services sector slowed down and remained largely stable after the rebound in the first quarter of 2024: +0.1% followed by +0.4% (i.e. +6,300 jobs followed by +50,700 jobs). It exceeds the level of the second quarter of 2023 (+0.6% or +77,700 jobs) and significantly exceeds the pre-sanitary level (+7.8% or +908,200 jobs compared to the end of 2019).
In the non-market services sector, the slowdown in private sector payroll employment (excluding temporary work) was smaller: +0.3% after +0.5% (i.e. +8,300 jobs after +14,100 jobs). This figure is 1.6% (or +43,900 jobs) above the level in the second quarter of 2023 and 6.1% (or +160,200 jobs) above the level at the end of 2019.
GraphicsChange in private sector employment – Thousands
IN data (in thousands)
| Change in Thousands of Yuan in 3 Months | Changes of 1,000 people in one year | Change from end of 2019 (thousands) | grade | ||
|---|---|---|---|---|---|
| Q1 2024 | Second quarter of 2024 | Second quarter of 2024 | Second quarter of 2024 | Second quarter of 2024 | |
| agriculture | -0.9 | -2.1 | -3.6 | 11.2 | 311.7 |
| Goods producing industries (except construction) | 6.7 | 6.4 | 32.8 | 95.9 | 3,226.0 |
| put up | -9.0 | -6.3 | -24.1 | 88.2 | 1,567.4 |
| Market Services | 50.0 | -14.2 | 29.0 | 867.5 | 13,266.4 |
| Temporary employment | -0.7 | -20.5 | -48.7 | -40.7 | |
| 735.1 | Excluding temporary work | 50.7 | 6.3 | 77.7 | 908.2 |
| 12,531.3 | Non-market services | 14.1 | 8.3 | 43.9 | 160.2 |
| 2,783.2 | Completely private | 61.1 | -7.9 | 78.0 | 1,223.1 |
- 21,154.7
- Temporary workers are recorded in the service regardless of the industry in which they are effectively performing their duties.
- How to read it: In the second quarter of 2024, private net employment in goods-producing industries increased by 6,400 jobs from the previous quarter.
Scope: Private sector wage employment; France, excluding Mayotte.Data sources: INSEE, DARES and URSSAF
Graphics
| SA is given in % | Change in private sector employment – expressed as a percentage (South African data in %) | Percentage point change in 3 months | ||
|---|---|---|---|---|
| Percentage point change in one year | Percentage point change from end of 2019 | Q1 2024 | Second quarter of 2024 | |
| Second quarter of 2024 | Second quarter of 2024 | agriculture | -0.3 | -0.7 |
| -1.1 | 3.7 | Goods producing industries (except construction) | 0.2 | 0.2 |
| 1.0 | 3.1 | put up | -0.6 | -0.4 |
| -1.5 | 6.0 | Market Services | 0.4 | -0.1 |
| 0.2 | 7.0 | Temporary employment | -0.1 | |
| -2.7 | -6.2 | -5.2 | Excluding temporary work | 0.4 |
| 0.1 | 0.6 | 7.8 | Non-market services | 0.5 |
| 0.3 | 1.6 | 6.1 | Completely private | 0.3 |
- 0.0
- 0.4
- 6.1
Temporary workers are recorded in services, regardless of the sector in which they effectively perform their tasks. Scope: Private sector wage employment; France, excluding Mayotte. Data sources: INSEE, DARES and URSSAF
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