French Private Payroll Employment Stalls in Q2

2024-08-06 07:17 By Czyrill Jean 1 min. read

Payroll employment in the French private sector stalled at 21.15 million in the second quarter of 2024, following a 0.3% increase in the previous three-month period and falling short of market expectations of a 0.2% rise, preliminary estimates showed.

This stability was largely attributed to a steady private payroll employment in market services after a 0.1% rebound in Q1, and a slowdown in non-market services growth to 0.3% from 0.5%.

On a year-on-year basis, payroll employment increased by 0.4% or 78 thousand.



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