World in turnmoil, growth losing steam Economic Outlook - march 2025
Employment
In 2024, payroll employment slowed and by December it was stable across the year (after +0.6% at the end of 2023). After a surge in Q3 2024, it fell back sharply in Q4 2024 (-0.3% i.e. -90,100 jobs), a decline that affected both the private and public sectors (-68,000 and -22,100 jobs respectively). Employment in the non-market tertiary sector in particular, excluding temporary workers, edged down for the first time since Q2 2013 (excluding the health crisis). In the private sector, payroll employment of seniors continued to grow (+104,500 jobs year on year for those aged 55 and over). However, private payroll employment of the under-30s declined (-25,800 year on year), as did that of 30-54-year-olds (-103,900)...
Conjoncture in France
Paru le :21/03/2025