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French non-farm payrolls rise in September, beat market expectations

Non-farm payrolls in France rose during the month of September, slightly beating what markets had initially anticipated. Non-farm payrolls in France rose 0.3 percent quarter-on-quarter in the September quarter of 2016, c…

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Non-farm payrolls in France rose during the month of September, slightly beating what markets had initially anticipated.

Non-farm payrolls in France rose 0.3 percent quarter-on-quarter in the September quarter of 2016, compared to a 0.2 percent growth in the preceding quarter, data released by statistics agency INSEE showed Thursday.

While employment in services sector increased further (+0.5 percent from +0.4 percent in the second quarter, driven by a rebound in temporary work: +5.1 percent), those in construction stabilized (after a 0.2 percent contraction).

In contrast, employment in industry fell 0.3 percent (from a 0.3 percent drop). Year-on-year, payroll employment rose 0.9 percent, creating 145,100 jobs.

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