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FX.co ★ French Non-Farm Payrolls Stagnate Again in Q3, Underscoring Labor Market Weakness

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typeContent_19130:::2026-10-30T07:45:00

French Non-Farm Payrolls Stagnate Again in Q3, Underscoring Labor Market Weakness

France’s non-farm payrolls remained unchanged at -0.1% in the third quarter of 2026 on a quarter-over-quarter basis, matching the contraction recorded in the second quarter of 2026. The fresh data, updated on 30 October 2026, indicate that the French labor market has now seen two consecutive quarters of marginal employment decline.

The current reading confirms that the slight deterioration in non-farm employment conditions observed in Q2 2026 has not yet eased. With the “actual” figure comparing Q3 to Q2, and the “previous” figure comparing Q2 to Q1, the back-to-back -0.1% prints suggest a persistent, if modest, weakening trend in non-farm payrolls across the French economy. Investors and policymakers may interpret this as a sign of ongoing fragility in hiring momentum heading into the next quarter.

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