French payroll employment in the private sector increased by 92.8 thousand, or 0.5 percent, to 19.54 million in the first quarter of 2019, after an upwardly revised 0.4 percent rise in the previous period and above a preliminary estimate of a 0.3 percent gain. Net private job creation in market services grew by 67.4 thousand in the first quarter 2019 (vs 43.9 thousand in Q4); in agriculture rose by 1.2 thousand (vs 1 thousand in Q4) and employment in construction advanced 16 thousand (vs 10 thousand in Q4). Meanwhile, private payroll employment went up at a softer pace in industry (7.1 thousand vs 8.6 thousand). Year-on-year, private payroll employment increased by 225.4 thousand, or 1.2 percent. Nonfarm Payrolls Private in France averaged 15028.67 Thousand from 1970 until 2019, reaching an all time high of 19538.30 Thousand in the first quarter of 2019 and a record low of 12409.60 Thousand in the fourth quarter of 1970.
Nonfarm Payrolls Private in France is expected to be 19580.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nonfarm Payrolls Private in France to stand at 19650.00 in 12 months time. In the long-term, the France Payroll Employment in the Private Sector is projected to trend around 19850.00 Thousand in 2020, according to our econometric models.