In 2018, the French job market continued to recover

In response to INSEE, in 2018 France had 40.9 million individuals aged 15 to 64. Amongst them, 29.four million have been lively (71.9%, a excessive since 1975) whereas 11.5 million have been inactive (not working, not actively searching for a job and never obtainable for one).

The lively inhabitants is made up of employed and unemployed individuals, inside the that means of the Worldwide Labor Workplace (obtainable to work within the subsequent two weeks and who’ve carried out an lively job search course of over the past 4 weeks. ). In 2018, among the many 29.four million French employees, 26.7 million have been employed and a pair of.7 million have been unemployed.

In 2018 the employment price (employed individuals in comparison with the overall of individuals aged 15 to 64) elevated by +Zero.7 level in comparison with 2017 to settle at 65.four%. This progress (fifth consecutive 12 months) was pushed by all age teams, particularly these aged 15-24 (+1.2 factors to 29.9%), within the wake of the rise in studying, and 50-64 12 months olds (+Zero.9 level to 62.1%). By way of the character of jobs, virtually 85% of the lively inhabitants who held a job in 2018 have been workers on everlasting contracts.

The unemployment price (unemployed individuals in comparison with the lively inhabitants), for its half, decreased by -Zero.three level in comparison with 2017 to settle at 9.1%, thus returning to its stage in 2009. This decline is extra average than that noticed final 12 months (-Zero.7 level), due particularly to the slowdown in financial progress (+ 1.5% in 2018 in opposition to + 2.three% in 2017). The unemployment price for younger individuals was 20.eight% of the lively inhabitants (-1.5 factors over one 12 months) whereas that of seniors (50 years or extra) was 6.four% of the lively inhabitants ( -Zero.2 level). Within the fourth quarter of 2018, the unemployment price was eight.eight% of the workforce (the bottom since 2009).

The breakdown of unemployment by socio-professional class reveals a comparatively excessive price amongst blue-collar employees (12.6%, down -Zero.9 level year-on-year) and a comparatively low price amongst managers (three.four%, up +Zero.1 level over one 12 months). By diploma, in a reasonably intuitive manner, unemployment impacts extra individuals with no diploma or having at most a university certificates (16.2%, down -Zero.eight level over a 12 months) than individuals with a minimum of a bac +2 (5.three%, up +Zero.three level over one 12 months).

Lastly, among the many 2.7 million unemployed, 41.5% in 2018 have been long-term unemployed (unemployed for a minimum of a 12 months). This share is greater amongst seniors and the least certified.

Download the MEDEF Actu-Eco of March 18, 2019