At Codimatra, we experienced this recovery and the National Federation for Public Works

The second quarter of 2017 proved significantly more dynamic than that which preceded it, particularly badly affected as it was by weather conditions and what was a difficult winter. As a result, the first quarter only saw slight levels of recovery.

Despite the dynamism of the 2nd quarter, the first quarter of 2017 gave little indication of marked growth in the public works sector

At Codimatra, we experienced this recovery and the National Federation for Public Works (the FNTP or Fédération Nationale des Travaux Publics) confirmed it when they published their situational report in June 2017: “After an inactive 1st quarter, where the difficult weather conditions had a significant impact […], the Public Works sector showed signs of recovery over the 2nd quarter of 2017.” This growth is evident, with the FNTP noting an increase of +1.7% over the course of the 2nd quarter of 2017. Further evidence of this recovery came in the number of deals agreed, with an +8.5% increase on the first quarter of 2017. Nevertheless, the FNTP did sound a note of caution with regards to this significant increase, drawing attention to the clear link between this rise and the investment into the Grand Paris project.

A recovery confirmed but without immediate impact on employment

Although we would perhaps have thought otherwise, this ray of sunlight in the public works sector has yet to have an impact on employment. The total number of hours worked (including both permanent + temporary employees) is still at the same level as recorded for the 1st quarter of 2016. However, the future could be promising for employment should the sector find a way of returning to sustainable growth.