Thursday, 20 January, 2022

Sharp drop in the number of unemployed in the third quarter


The number of unemployed job seekers registered with Pôle Emploi fell by nearly 485,000 compared to the second quarter, or 11%. But it remains at a very high level. And the decline observed since May has markedly slowed down.

The rebound in activity in the third quarter benefited hires.

While waiting to know the extent of the sanitary screwdriver that the government will decide, the publication on Tuesday of unemployment figures as measured by Pôle Emploi allows us to keep hope on the capacity of the economy, and therefore of the labor market. , to start again once the crisis is definitively over.

The number of unemployed job seekers (category A) reached 3.92 million people on average in the third quarter in France excluding Mayotte (3.7 million in mainland France). This figure marks an increase of 8.8% year on year, but a decline of 11% compared to the previous quarter. Or 483,000 people affected less. The decline was confirmed in September (-18,000), for the fifth consecutive month, although very slowly since it was ten times stronger in August.

670,000 jobs lost in 2020

The reverse tipping effect compared to the second quarter has fully come into play since the number of unemployed people who have worked a little (less than 78 hours per month, category B) increased by nearly 66,000, and by nearly 390,000 for those with a lot of work. worked (more than 78 hours, category C). This is a sign that the rebound in activity after confinement has revived job resumes even if we remain at levels of registrants at Pôle emploi never reached.

The resurgence of the coronavirus epidemic and the economic restrictions that will go with it, suggest that the yoyo movement will continue. A worrying sign, the number of job protection plans (PSE) continues to climb and with it the number of potential associated layoffs. The Ministry of Labor has counted 528 since March 1 and until October 11 (last known figure) for 72,500 planned job cuts. The increase is significant since over the same period of 2019 there were “only” 295 for a little more than 20,000 positions, not to mention the workforce reductions outside the PSE, in companies with less than 50 employees in particular.

SMEs take up the APLD

In its latest financial forecasts, Unédic is counting on a resumption of job losses in the fourth quarter which would bring their total loss to 670,000 over the year as a whole. Worn by the stimulus plan, mainly the hiring bonuses for young people or the assisted contracts, the creations would reach a net 300,000 next year. The unemployment rate of the active population within the meaning of the International Labor Office, the other large thermometer in the hand of INSEE this one, is expected at 10.5% of the working population at the end of 2020 and at 9.6 % end of 2021.

To stem the wave of unemployment, the government is counting in particular on the conclusion of long-term partial activity agreements (APLD). At this stage, 3,600 company agreements or by variation of branch agreements have been concluded, covering more than 200,000 employees, according to the Ministry of Labor. Three quarters concern companies with less than 50 employees.

Read also:

DOSSIER “One young person, one solution”, the government’s plan to save youth employment

The number of unemployed job seekers registered with Pôle Emploi fell by nearly 485,000 compared to the second quarter, or 11%. But it remains at a very high level. And the decline observed since May has markedly slowed down.

The rebound in activity in the third quarter benefited hires.

While waiting to know the extent of the sanitary screwdriver that the government will decide, the publication on Tuesday of unemployment figures as measured by Pôle Emploi allows us to keep hope on the capacity of the economy, and therefore of the labor market. , to start again once the crisis is definitively over.

The number of unemployed job seekers (category A) reached 3.92 million people on average in the third quarter in France excluding Mayotte (3.7 million in mainland France). This figure marks an increase of 8.8% year on year, but a decline of 11% compared to the previous quarter. Or 483,000 people affected less. The decline was confirmed in September (-18,000), for the fifth consecutive month, although very slowly since it was ten times stronger in August.

670,000 jobs lost in 2020

The reverse tipping effect compared to the second quarter has fully come into play since the number of unemployed people who have worked a little (less than 78 hours per month, category B) increased by nearly 66,000, and by nearly 390,000 for those with a lot of work. worked (more than 78 hours, category C). This is a sign that the rebound in activity after confinement has revived job resumes even if we remain at levels of registrants at Pôle emploi never reached.

The resurgence of the coronavirus epidemic and the economic restrictions that will go with it, suggest that the yoyo movement will continue. A worrying sign, the number of job protection plans (PSE) continues to climb and with it the number of potential associated layoffs. The Ministry of Labor has counted 528 since March 1 and until October 11 (last known figure) for 72,500 planned job cuts. The increase is significant since over the same period of 2019 there were “only” 295 for a little more than 20,000 positions, not to mention the workforce reductions outside the PSE, in companies with less than 50 employees in particular.

SMEs take up the APLD

In its latest financial forecasts, Unédic is counting on a resumption of job losses in the fourth quarter which would bring their total loss to 670,000 over the year as a whole. Worn by the stimulus plan, mainly the hiring bonuses for young people or the assisted contracts, the creations would reach a net 300,000 next year. The unemployment rate of the active population within the meaning of the International Labor Office, the other large thermometer in the hand of INSEE this one, is expected at 10.5% of the working population at the end of 2020 and at 9.6 % end of 2021.

To stem the wave of unemployment, the government is counting in particular on the conclusion of long-term partial activity agreements (APLD). At this stage, 3,600 company agreements or by variation of branch agreements have been concluded, covering more than 200,000 employees, according to the Ministry of Labor. Three quarters concern companies with less than 50 employees.

Read also:

DOSSIER “One young person, one solution”, the government’s plan to save youth employment