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  • 1 min

Strong Labor Market in France

  • 12 June 2019
  • Philippe Waechter
  • Employment
  • Labor Market
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French employment is growing rapidly. 92 800 jobs have been added during the 1st quarter 2019. It’s more than the most optimistic forecasts and this figure is close to those strong numbers seen in 2017 when growth was stronger than now. Labor market reforms have been efficient.
With the strong economic policy measures on purchasing power that have been taken by the government, French growth is more autonomous and able to cushion the negative shock from world trade.
The French economy is becoming more robust

Related Topics
  • Employment
  • Labor Market
On the same topic
  • 3 min

From Yesterday to Today – November 3 – France, its Public Deficit and the fragility of the Euro Area

  • 4 November 2020
  • France

Philippe Waechter

The IMF suggests that France should revive its economy but also should plan a strategy to rebalance its public finances as soon as activity picks up. Its fear is a…
  • Euro Area
  • Public Finance Sustainability
  • Sovereign Debt Crisis
  • Structural Deficit
READ
  • 3 min

From Yesterday to Today – October 30 – Spectacular rebound in growth while awaiting containment

  • 30 October 2020
  • Euro Area

Philippe Waechter

The GDP in France and in the Eurozone countries has clearly improved over the three Summer months. Nevertheless, the level of activity remains a little below 4% of the 2019…
  • GDP Growth
READ
  • 3 min

From Yesterday to Today – October 29 – What impact would the November lockdown have on activity in France?

  • 29 October 2020
  • France

Philippe Waechter

With a conservative assumption on the impact of containment of -6% in the last quarter, GDP would contract -10.8% in 2020 and grow by + 3.5% in 2021. Convergence towards 2019 GDP would take place around 2026/2027
  • Covid-19 Impact on Growth
  • Lockdown in France
  • Social Dynamics
READ
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