Wages in Manufacturing in France increased to 106.40 points in the first quarter of 2021 from 105.70 points in the fourth quarter of 2020. source: INSEE, France

Wages in Manufacturing in France averaged 97.75 points from 1998 until 2021, reaching an all time high of 116.10 points in the first quarter of 2017 and a record low of 72.70 points in the fourth quarter of 1998. This page provides the latest reported value for - France Hourly Wages in Industry Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Hourly Wages in Industry Index - values, historical data and charts - was last updated on June of 2021.

Wages in Manufacturing in France is expected to be 104.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in France to stand at 106.23 in 12 months time. In the long-term, the France Hourly Wages in Industry Index is projected to trend around 106.87 points in 2022 and 107.29 points in 2023, according to our econometric models.

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France Hourly Wages in Industry Index

Actual Previous Highest Lowest Dates Unit Frequency
106.40 105.70 116.10 72.70 1998 - 2021 points Quarterly
NSA, 2017Q2=100

France Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.00 9.10 10.80 3.00 percent [+]
Employed Persons 28275.40 28217.60 28617.60 19522.00 Thousand [+]
Unemployed Persons 3623.80 3557.90 4306.90 1975.80 Thousand [+]
Employment Rate 65.60 65.00 66.00 63.00 percent [+]
Long Term Unemployment Rate 3.10 3.30 5.00 2.20 percent [+]
Youth Unemployment Rate 19.50 19.50 26.20 14.50 percent [+]
Labour Costs 106.40 105.90 111.30 5.90 points [+]
Productivity 99.87 99.46 103.70 18.48 points [+]
Job Vacancies 268.80 199.90 363.80 79.80 Thousand [+]
Wages 3084.00 3023.00 3084.00 1751.73 EUR/Month [+]
Wages in Manufacturing 106.40 105.70 116.10 72.70 points [+]
Wage Growth 0.30 0.30 1.00 0.10 percent [+]
Minimum Wages 1554.58 1539.42 1554.58 1035.97 EUR/Month [+]
Population 67.29 67.14 67.29 45.46 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 60.00 [+]
Labor Force Participation Rate 71.40 71.60 72.00 69.20 percent [+]
Manufacturing Payrolls 2732.30 2732.40 5475.10 2732.30 Thousand [+]
Initial Jobless Claims 65.90 -16.80 812.50 -200.10 Thousand [+]
Part Time Employment 4487.30 4467.00 4945.40 3802.00 Thousand [+]
Non Farm Payrolls 25324.10 25238.00 25533.90 24329.20 Thousand [+]
Nonfarm Payrolls Private 19511.00 19422.20 19754.40 12409.60 Thousand [+]
Full Time Employment 22191.60 22088.70 22191.60 18337.00 Thousand [+]
Government Payrolls 5813.10 5815.90 5815.90 5611.30 Thousand [+]
Employment Change 0.20 1.30 1.30 -2.80 percent [+]


France Hourly Wages in Industry Index
In France, Hourly Wage Rate for Manual Workers (SHBO) excludes bonuses (except working time reduction related bonuses) and overtime payment. It corresponds to a gross wage, before social contribution and social incomes. It only refers to manual workers. It is obtained from the ACEMO survey, by dividing the monthly gross salary by the monthly average working hours.