The French economy has created massive jobs at unprecedented levels since 2000

Citizenship status, apprenticeship, unemployment, growth … many signals are green.

Every day Les Echos sees in it “an upside-down mirror of the remarkable decline in unemployment” and one officially summarizes the phenomenon that is flowing down all sections of the French economy.

Driven by 7% growth, the private sector recorded 648,200 job creations in 2021 (+ 3.3%), according to initial estimates from the National Institute of Statistics and Economic Studies (Insee) released on Friday.

Signal to green

Since 2000, there is no equivalent level. This is twice as much as 2017 and 2.5 times as much as 2019. Therefore, private salary employment is well above pre-pandemic levels (+ 1.5%, or +297 300 employment). At the end of 2019, Le Monde said. On the contrary, they lost about 350,000 jobs in 2020 (-1.8%).

The good news was soon celebrated on Twitter by the Minister of Labor. “Our country has 300,000 more private jobs than in 2019 before the crisis. We thank the companies and employees mobilized for this extraordinary recovery,” Elizabeth Borne said. Was delighted.

INSEE, who had expected this movement of funds, did not expect it at such a level. “We are pleased to be surprised by the dynamism of employment, and we confirm that OFCE economist Mathieu Plane interviewed every evening, which is seen in the unemployment aspect. , Showing a trend of decline and tension over recruitment. ”

Temporary work boom and increased permanent contracts

The latest recorded numbers are also encouraging. In the fourth quarter, 106,700 job creations were recorded, a 0.5% growth. “This is the fourth consecutive quarterly increase,” says INSEE.

However, this trend is driven by temporary employment (+ 9.1%, + 71,100 employment), which alone represents two-thirds of the total increase recorded in the previous quarter. Therefore, by the end of 2021, temporary employment was 8.2% above pre-crisis levels and was probably also affected by the need to replace employees contaminated with Covid-19.

Sectors that destroy or create jobs

Le Monde sees the situation improving in most sectors since the end of 2019, with the destruction of 38,200 jobs and the exception of industries that have not yet returned to pre-crisis levels. However, the tertiary commercial industry, boosted by the mid-term, created about 560,000 jobs in a year. This will create 154,300 jobs, 1.3% above pre-pandemic levels, even if the effects of health restrictions weigh heavily on employment. In the construction industry, private salary employment is stable, but with an increase of 4.5% (+65,000), well above pre-health crisis levels.

However, sustainable employment is also advancing. According to the Ministry of Labor, the percentage of permanent contracts increased from 48.6% in 2019 to 49.7% at the end of 2018 and now reaches 50.2%. In 2021, an absolute record, 718,000 apprenticeship contracts were signed in parallel.

Optimistic waves

Of course, for companies suffering from shortages at the same time, the outlook for health is still unclear. However, the economic recovery was strong and the protectorate of the country allowed the economy to survive the last storm.

Dares’ latest figures released last week are the highest since 1996, with employment picking up and the number of inactive unemployed falling by 12.6% in 2021.

According to the Bank of France, employment will continue to increase and the unemployment rate should drop even slightly from now until 2024.

Companies are looking for skills

Accountants, construction workers, nurses, truck drivers, painters, logistics, computer engineers, real estate agents, waiters, cooks … Almost every transaction in France is currently affected by lack of skills. In a recent regional survey relayed by La Dépêche on January 31, the Bank of France emphasizes that the primary concern of Occitania companies is not the purchase order, but the “difficulty of hiring skills”. .. According to the latest barometers, 52% of Occitania companies are having a hard time hiring. Numbers that are constantly increasing for a year.