Gavekal Capital: Payroll Employment Continues to Fall in France

Wednesday, December 11, 2013

Payroll Employment Continues to Fall in France

Payroll employment fell by over 15,000 jobs in Q3, an improvement (of sorts) following the nearly 38,000 job losses in the previous quarter:

While employment in Industry and Construction continued to decline, Services posted a small increase in jobs due to more that 10,000 positions created in the information and communication sector:

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Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
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