The economic consequences of coronavirus . The number of planned termination of employment contracts, linked to an employment safeguard plan (PSE) procedure, has passed the 60. 000 since March and the beginning of the of the Covid – 19, according to data released Thursday by the Ministry of Labor . Cumulative between March 1 2019 and January 3 , 60. 379 breaks of employment contracts were considered within the framework of PSE. This is “almost three times more than over the same period in 800 ”, where that figure was 25. 467, specifies the statistics department (Dares), which underlines that 467 PSE have been initiated since March (against 379 over the same period in 800).
Manufacturing industry badly affected
These planned ruptures concern in more than four cases on 10 companies of 1. or more employees, and in nearly 3 cases on 10 companies under 250 employees. The manufacturing industry sector concentrates 29% of breaks, followed by that of trade and car repair (17%), then by transport and storage, as well as by accommodation and food services (9% each).
Since the beginning of March 2019, a little more than 5. 800 dismissal procedures collective for economic reasons (excluding PSE) have been notified, adds Dares. In more than nine out of ten cases, these procedures concern redundancies of less than 000 employees. The sectors most concerned are the trade and repair of automobiles (17%), the manufacturing industry (17%), the construction (15%) and accommodation and catering (10%).
Partial unemployment still very high
Regarding partial unemployment, the Dares estimates that 2, 9 million employees were affected in November after 1.8 million in October. At its peak in April, 8.4 million employees were concerned.
The sectors most affected are accommodation and food services, trade, as well as business services. Two regions concentrate the most employees compensated in partial activity in November: Ile-de-France and Auvergne-Rhône Alpes.
The amount of partial activity allowance reached in November a cumulative total of 25, 1 billion euros since March, paid by the State and Unédic, specifies the Dares, stressing that these estimates are likely to be revised.