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FX.co ★ French Non-Farm Payrolls Flat in Q2 2026, Extending Mild Contraction Trend

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typeContent_19130:::2026-09-25T06:45:00

French Non-Farm Payrolls Flat in Q2 2026, Extending Mild Contraction Trend

France’s non-farm payrolls remained unchanged at -0.1% in the second quarter of 2026 on a quarter-over-quarter basis, according to data updated on 25 September 2026. The figure exactly matches the previous quarter’s -0.1% reading, indicating a continued mild contraction in employment outside the agricultural sector.

The stability of the indicator at a negative level suggests that, while the pace of job losses has not accelerated, the French labor market has yet to return to expansion. The “actual” figure reflects the change in employment from the current quarter to the previous one, while the “previous” value captures the change from the earlier quarter to the one before it—both pointing to a consistent, if modest, decline in non-farm payrolls through the first half of 2026.

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