French non-farm payrolls continued to rise during the third quarter of this year, supported by growth in temporary work.
In Q3 2016, French payroll employment in the non-farm market sectors continued to increase (+51,200 jobs, that is 0.3 percent, after +29,400 jobs in the previous quarter), data released by the statistics agency INSEE showed Thursday.
This slight acceleration compared to the second quarter is due to temporary employment (+29,500 jobs, i.e. +5.0 percent, after −200 jobs in Q2 2016). Year-on-year, the principally market sectors created 178,700 net jobs (+1.1 percent).
In Q3 2016, industry continued to destroy more jobs than it created (−4,700 jobs, that is −0.2 percent, after –7,500 jobs, in Q2 2016). In construction, employment was virtually stable (−300, that is −0.0 percent, after –1,900 in the previous quarter). Year-on-year, industry lost 26,200 jobs (−0.8 percent) whereas construction shed 6,800 jobs (−0.5 percent).
Overall, the pace of job creation in the market service sector was a little more dynamic than in the previous quarter (+56,200 jobs, that is +0.5 percent, after +38,800 in Q2 2016). Year-on-year, temporary employment increased sharply (+49,600 jobs, i.e. +8.8 percent) and the market service sector as a whole expanded by 211,700 jobs (+1.8 percent).
Meanwhile, the EUR/USD traded at 1.07, up 0.17 percent, while at 8:00GMT, the FxWirePro's Hourly Yen Euro Index remained slightly bullish at 86.60 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex


Trump Threatens EU Tariffs Over Canada Membership Proposal
Wall Street Mixed as Treasury Yields Rise After Fed Hike
Asian Stocks Rise as Oil Falls, BOJ Rate Decision in Focus
Asian Currencies Mixed as Dollar Hits Seven-Week High After Fed Hike
Asian Stocks Rise After Fed Rate Hike
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike
Asian Chip Stocks Rally as Treasury Yields Ease 



