The rebound in hiring has been spectacular this summer

The rebound in hiring has been spectacular this summer

Declarations of hires on permanent or fixed-term contracts of more than one month increased by nearly 73% in the third quarter, after their historic decline in the spring. But the trend needs to be confirmed as the resumption of activity has slowed down since the announcement of new health restrictions, including the curfew. After its historic fall last spring due to the health crisis and containment, employment resumed during the third quarter, according to data…

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Coronavirus: France has entered a recession

Coronavirus: France has entered a recession

GDP plunged 6% in the first quarter of 2020, according to a first estimate from the Banque de France, unveiled this Wednesday morning. The worst decline since the end of World War II, after an already negative last quarter of 2019. Some sectors, including construction and market services, have seen their activity drop by more than half due to containment measures. This is only an estimate for the time being. According to the Banque de…

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The Banque de France expects a rebound in growth in the first quarter

The Banque de France expects a rebound in growth in the first quarter

According to a first estimate, GDP would grow by 0.3% in the first quarter, after declining 0.1% in the last months of 2019. An improvement due to industry and construction, after one month January marked by social movements against the pension reform. Will the surprise drop in GDP over the last three months of the year remain a mere accident? Difficult to say at the moment. But if the strike movement against the pension reform…

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Slower growth in China

Slower growth in China

China on Monday announced a slowdown in its growth to 7.7% year-on-year in the first quarter, a result below the expectations of analysts worried about the weaknesses of the world’s second-largest economy. The slowdown in Chinese growth to 7.7% year-on-year in the first quarter worried analysts, who had mostly predicted a slight acceleration in the increase in gross domestic product (GDP) in China compared to the last quarter, the median value of the panel of…

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