Wages in Manufacturing in France increased to 105.10 points in the second quarter of 2020 from 104.10 points in the fourth quarter of 2019. source: INSEE, France

Wages in Manufacturing in France averaged 97.46 points from 1998 until 2020, reaching an all time high of 116.10 points in the first quarter of 2017 and a record low of 72.70 points in the fourth quarter of 1998. This page provides the latest reported value for - France Hourly Wages in Industry Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Hourly Wages in Industry Index - values, historical data and charts - was last updated on October of 2020.

Wages in Manufacturing in France is expected to be 103.07 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in France to stand at 105.42 in 12 months time. In the long-term, the France Hourly Wages in Industry Index is projected to trend around 104.41 points in 2021 and 104.83 points in 2022, according to our econometric models.

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France Hourly Wages in Industry Index

Actual Previous Highest Lowest Dates Unit Frequency
105.10 104.10 116.10 72.70 1998 - 2020 points Quarterly
NSA, 2017Q2=100

France Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.10 7.80 10.80 3.00 percent [+]
Employed Persons 27800.40 28532.30 28592.80 19522.00 Thousand [+]
Unemployed Persons 3606.30 3621.50 4315.70 1975.40 Thousand [+]
Employment Rate 64.40 66.00 66.00 63.00 percent [+]
Long Term Unemployment Rate 2.20 3.00 5.00 2.20 percent [+]
Youth Unemployment Rate 19.60 19.80 26.20 14.50 percent [+]
Labour Costs 112.10 106.20 112.10 5.90 points [+]
Productivity 86.15 98.00 103.70 18.48 points [+]
Job Vacancies 253.80 183.10 363.80 79.80 Thousand [+]
Wages 3084.00 3023.00 3084.00 1751.73 EUR/Month [+]
Wages in Manufacturing 105.10 104.10 116.10 72.70 points [+]
Wage Growth 0.20 0.30 1.00 0.10 percent [+]
Minimum Wages 1539.42 1521.22 1539.42 1035.97 EUR/Month [+]
Population 66.98 66.88 66.98 45.46 Million [+]
Retirement Age Women 62.00 62.00 62.00 60.00 [+]
Retirement Age Men 62.00 62.00 62.00 60.00 [+]
Labor Force Participation Rate 69.40 71.70 72.00 69.20 percent [+]
Manufacturing Payrolls 2750.60 2777.00 5475.10 2750.60 Thousand [+]
Initial Jobless Claims -15.20 -171.00 827.10 -202.70 Thousand [+]
Part Time Employment 4509.00 4641.40 4945.40 3802.00 Thousand [+]
Non Farm Payrolls 24832.90 25048.20 25547.80 24329.00 Thousand [+]
Nonfarm Payrolls Private 19097.50 19248.20 19745.70 12409.60 Thousand [+]
Full Time Employment 21778.10 22085.40 22182.90 18337.00 Thousand [+]
Government Payrolls 5735.50 5792.50 5805.40 5611.20 Thousand [+]
Employment Change -2.60 -0.20 0.70 -2.60 percent [+]


France Hourly Wages in Industry Index
In France, Hourly Wage Rate for Manual Workers (SHBO) excludes bonuses (except working time reduction related bonuses) and overtime payment. It corresponds to a gross wage, before social contribution and social incomes. It only refers to manual workers. It is obtained from the ACEMO survey, by dividing the monthly gross salary by the monthly average working hours.