French payroll employment in the private sector increased by 62.1 thousand, or 0.3 percent, to 19.60 million in the second quarter of 2019, easing from a 0.5 percent rise in the previous period and in line with market expectations. Net private job creation in market services grew by 47.5 thousand in the second quarter 2019 (vs 70.4 thousand in Q1); in industry went up 3 thousand (vs 7.1 thousand in Q1); in agriculture rose by 0.9 thousand (vs 1.2 thousand in Q1) and employment in construction advanced 9.8 thousand (vs 16 thousand in Q1). Year-on-year, private payroll employment increased by 259.4 thousand, or 1.3 percent. Nonfarm Payrolls Private in France averaged 15051.92 Thousand from 1970 until 2019, reaching an all time high of 19603.10 Thousand in the second 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 19610.00 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 19720.00 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.