SOURCE: ADP, LLC

ADP, LLC

March 22, 2016 08:00 ET

ADP France National Employment Report: Private Sector Employment in France Increased by 16,700 Jobs in February 2016

NANTERRE, FRANCE--(Marketwired - Mar 22, 2016) -  Private sector employment in France increased by 16,700 jobs from January to February according to the February ADP® France National Employment Report. Broadly distributed to the public each month, free of charge, the ADP France National Employment Report is produced by ADP Research Institute® in collaboration with Moody's Analytics. 

The report, which is derived from actual headcount data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis. It provides a timely look at labor market trends based on real employment data, and differs from unemployment reports which show the number of people looking for a job. The two indicators should, all other things held equal, go in opposite directions. However they may go in the same direction, especially when there are changes in the labor workforce, leading to more labor market entrants than job creation, for diverse reasons: demographic trends, cyclical movements or policy changes such as a higher retirement age.

February 2016 Report Highlights

View the ADP France National Employment Report Infographic at http://rapport-emploi-adp.fr/2016-english

Total France Nonfarm Private Employment1: 16,700

Industry Snapshot:

  • Manufacturing -3,200 
  • Trade +6,300 
  • Financial Services +3,700 
  • Business Services +2,300 
  • Transportation +1,700 
  • Real Estate +200 

"Job growth in February was particularly strong in Trade and Financial Services compared to January," said Ahu Yildirmaz, Vice President and Head of the ADP Research Institute. "Loosening credit and increased consumer confidence are having a positive impact on employment growth in these sectors."

To see Chart 1. Change in Total Nonfarm Private Employment,click here: http://media.marketwire.com/attachments/201603/MOD-95283_Chart1.jpg

To see Chart 2. Change in Nonfarm Private Employment by Selected Industries, click here: http://media.marketwire.com/attachments/201603/MOD-95284_Chart2.jpg 

To obtain additional information about the ADP France National Employment Report, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit http://rapport-emploi-adp.fr/2016-english

The March 2016 ADP France National Employment Report will be released at 7:00a.m. ET/1:00p.m. CET on April 19, 2016.

1 Including 16 industry sectors (cf. report methodology)

About the ADP France National Employment Report

The ADP France National Employment Report is a monthly measure of the change in total France nonfarm private employment derived from declared aggregated headcount statistics from a sample of ADP® clients in France, issued at the level of establishments (non-identifiable). The report, which measures headcounts gathering nearly 1.3 million French workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody's Analytics, Inc.

Each month, ADP issues the ADP France National Employment Report as part of the company's commitment to adding deeper insights into the labor market in France and providing businesses, governments and others with a source of credible and valuable information. The ADP France National Employment Report is broadly distributed to the public each month, free of charge.

For a description of the underlying data and the statistical model used to create this report, please see "ADP France National Employment Report: Development Methodology" at http://rapport-emploi-adp.fr/2016-english

About Moody's Analytics

Moody's Analytics helps capital markets and risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management. By providing leading-edge software, advisory services, and research, including the proprietary analysis of Moody's Investors Service, Moody's Analytics integrates and customizes its offerings to address specific business challenges. Moody's Analytics is a subsidiary of Moody's Corporation (NYSE: MCO), which reported revenue of $3.3 billion in 2014, employs approximately 10,200 people worldwide and maintains a presence in 35 countries. Further information is available at www.moodysanalytics.com.

About ADP (NASDAQ: ADP)
Powerful technology plus a human touch. Companies of all types and sizes around the world rely on ADP's cloud software and expert insights to help unlock the potential of their people. HR. Talent. Benefits. Payroll. Compliance. Working together to build a better workforce. For more information, visit ADP.com.

The ADP logo, ADP and the ADP Research Institute are registered trademarks of ADP, LLC. ADP A more human resource. is a service mark of ADP, LLC. All other marks are the property of their respective owners. Copyright © 2016 ADP, LLC. All rights reserved.

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