France Productivity - Forecast

Productivity in France is expected to be 113.84 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in France to stand at 115.00 in 12 months time. In the long-term, the France Productivity is projected to trend around 119.00 Index Points in 2020, according to our econometric models.


France Productivity
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France Labour Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 8.9 9.4 9.3 9.2 9.1 8.2
Employed Persons 27950 28120 28120 28190 28200 29100
Unemployed Persons 3451 3400 3400 3342 3400 3310
Employment Rate 65.7 65.5 65.5 65.53 67 69
Long Term Unemployment Rate 4.2 4.19 4.23 4.22 4 3.8
Youth Unemployment Rate 22.3 20.9 20.9 23.04 19.5 18.3
Labour Costs 107 108 108 108 114 119
Productivity 113 114 114 114 115 119
Job Vacancies 217 243 249 250 204 208
Wages 2957 3300 3300 3076 3370 3520
Wages in Manufacturing 117 117 118 118 122 129
Minimum Wages 1498 1498 1498 1498 1498 1550
Wage Growth 0.3 0.4 0.5 0.33 0.5 0.7
Population 66.99 67.28 67.28 67.28 67.28 68.06
Retirement Age Women 65.33 64 64 64 65.66 66.33
Retirement Age Men 65.33 64 64 64 65.66 66.33
Labor Force Participation Rate 72 72.3 72.4 72.5 72.4 72.8
Initial Jobless Claims -2.7 -10 -8 -12 -15 -14
Living Wage Family 1700 1520 1520 1655 1520 1920
Living Wage Individual 1030 1310 1310 969 1310 1730
Manufacturing Payrolls 2767 2764 2763 2763 2763 2787
Non Farm Payrolls 25036 25090 25097 25094 16500 16800
Nonfarm Payrolls Private 19275 19266 19251 19233 19212 18959
Part Time Employment 4797 4860 4860 4816 4870 4930
Employment Change 0.2 0.4 0.4 0.12 0.5 0.7
Full Time Employment 21839 22200 22300 21709 22400 22900
Government Payrolls 5815 5810 5805 5799 5793 5726
Wages Low Skilled 1630 1575 1582 1589 1990 2070
Wages High Skilled 3160 3333 3369 3406 3240 3360