Labor market: the party is finished

An event in front of the PPG company factory, in Genlis (Côte-d’Or), to say no to the closure of the site. Grégory Valloire/Photopqr/Le Bien Public/Maxppp

On the job market, the party is over. The “exuberance” following the COVVI-19 health crisis, which has created nearly a million and a half jobs between 2020 and 2024-and about two million since 2017-has dropped throughout the past year. Now the indicators light up one by one on the recruitment front. And social plans are preparing: in the fall of 2024, the CGT listed 250, with between 170,000 and 200,000 potential job losses.

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Business failures are indeed there: the Banque de deducted 65,764 in 2024 – 16.8 % more than in 2023 -, and it did not see any notable slowdown in 2025 . About 260,000 jobs are affected by legal proceedings, whether prevention, safeguarding or liquidation. “We also see a domino effect, underlines an expert from the Banque de France. Companies’ failure in turn impacts suppliers. »»

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