French Payroll Employment Continues To Fall

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Friday, the French statistical office INSEE reported that payroll employment in principally market sectors continued to decline in the second quarter, but fell less markedly. In the second quarter, the decline in employment was 74,100 compared to 168,400 in the prior quarter. The reduction in the decline was mostly due to the stabilization of temporary employment.

In the principally market sectors, employment decreased 0.5% sequentially and 2.5% on a yearly basis.

Friday, the French statistical office INSEE reported that payroll employment in principally market sectors continued to decline in the second quarter, but fell less markedly. (Market News Provided by RTTNews)