The government announces 100,000 industrial jobs “created” or “consolidated” thanks to relocations

The relocations of industrial activities on the territory that have taken place since September 2020 have made it possible to ” to create “ or of “to comfort” nearly 100,000 jobs, through 782 projects, according to a count made by Bercy and published Thursday, February 17.

This figure includes the operations carried out within the framework of three mechanisms: firstly the call for projects “Relocations in critical sectors”, endowed with 850 million euros and targeting in particular the sectors of health, electronics , raw materials for industry. Secondly, the “Capacity Building” system, implemented to strengthen the health sector, and endowed with 671 million euros. Finally, lastly, the “Territories of industry” system, which supports projects with a strong local impact, endowed with 950 million euros.

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Support for these 782 projects has generated 5.4 billion euros in productive investment, for 1.6 billion euros in subsidies, according to Bercy, which does not, however, disclose the breakdown between new jobs, created by these projects, and the jobs simply reinforced. Based on the figures given by the Ministry of Economy and Finance and on its own data, the Trendeo firm estimates that one job created consolidates four, ie around 20,000 new jobs and 80,000 “consolidated”.

Between 2000 and 2020, 1 million jobs lost in industry

It should also be noted that the term “relocation” is understood here in the broad sense: “These may be productions made abroad and returned to French territory or new productions which aim to replace imported products “, specifies the Minister Delegate for Industry, Agnès Pannier-Runacher, for whom “This result is part of an ambitious policy of reconquest launched since 2017 by the President of the Republic”.

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In fact, in terms of industrial jobs, the work is immense. In twenty years, between 2000 and 2020, France has lost 1 million jobs in industry. The curve began to reverse between 2017 and 2019, before the cataclysm of the Covid-19 crisis occurred, which laid bare the vulnerability of whole sections of the economy to imported products. Admittedly, in the face of the million jobs lost, this assessment may seem weak, but it signals a favorable trend. “What will make things macroeconomically tangible is that this movement continues over time: the drop in industrial employment has not happened in a year”remarks Alexandre Saubot, president of France Industrie.

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