France still has 5.435 million people registered and held to seek a job (categories A, B and C), down 7.1 % over a year.
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After the decline, stagnation. While the President of the Republic, Emmanuel Macron, made full employment, around 5 % of unemployment the objective of his second five-year term, the number of job seekers knows no evolution marked in the third quarter. According to statistics broadcast on Wednesday, October 26, by the Directorate of Research, Studies and Statistics Animation (Dares), which depends on the Ministry of Labor, the number of job seekers without any activity (category A) fell minimally (-0.1 %) in the third quarter, with 3.164 million people throughout the territory (overseas including Mayotte) against 3.165 million in the second quarter. The variation is however greater in the longer term with a drop of 10.9 % over a year.
The third quarter stagnation is identical if you include job seekers in reduced activity (category B and C). The number of people enrolled in Pôle Emploi and held to seek a job (categories A, B and C), thus amounts to 5.435 million people, down 7.1 % over a year.
Net brake on recruitments
Such a situation was relatively expected in a complicated economic context and it tends to show that the French job market resists rather well in the slowdown in growth (+ 0.2 in the third quarter), to the crisis of the ‘energy and inflation. In early October, the National Institute of Statistics and Economic Studies (INSEE) announced “a pronounced slowdown” of business investment and a deterioration of their results, leading to a net brake on recruitments.
We must also note a more unfavorable development for young people, since the number of registrants in category A of employment center under 25 increases by 1.5 % in the third quarter, according to Dares, to 372 300 job seekers. A stop after a period of sharp decline ( – 16.1 % over one year) linked in particular to the strong growth in learning.
The other negative development concerns the number of people looking for a job while exercising short reduced activity (category B) which increases by 5.5 % in the third quarter (750,600 against 711,300 in the second quarter) in Metropolitan area while in the other hand, those which carry out a long reduced activity are fewer ( – 2.7 %, at 1.456 million). It is thus very likely that many people on a long contract have passed on a short contract.
Data that rather corresponds to other indicators published recently. Thus, in the third quarter, according to URSSAF, the number of hiring declarations of more than a month outside the temporary worker increased by 2.2 %. An evolution carried out in particular by hiring on fixed -term contracts of more than a month (+ 3.4 %), while those on permanent contracts recorded a much more measured increase (+ 1 %).