In order to account for the evolution of employment at the macro-economic level, we have developed a model wherein … employment is explained by added value, working time and real labour cost. Estimations using quarterly French macro-economic data … are carried out in a multivariate framework for three sets of sectors. We obtain a relationship in which employment rises …

To account for employment evolutions at the macro-economic level, we propose a modelling where employment is explained … in a multivariate framework for three sets of sectors. We get a relationship in which employment rises with growth and … permits to measure retrospectively the contributions of each of the variables to employment inflections since the mid-eighties …