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FX.co ★ French Non-Farm Payrolls Flat in Q2, Signaling Stalled Job Creation

French Non-Farm Payrolls Flat in Q2, Signaling Stalled Job Creation

France’s non-farm payrolls showed no change in the second quarter of 2026, with the indicator holding at -0.1% quarter-over-quarter, according to data updated on 06 August 2026. The figure matches the previous quarter’s performance, indicating that employment levels outside the agricultural sector have effectively stagnated over the past two quarters.

The quarter-over-quarter comparison shows that the current reading reflects the same marginal contraction in payrolls as in the prior period, when the -0.1% result was measured against the quarter before it. This continuity suggests that French labor market conditions have neither worsened nor improved in recent months, pointing to a plateau in hiring momentum across the non-farm economy. Investors and policymakers are likely to watch upcoming quarters closely for signs of either renewed job growth or a deeper softening in employment.

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