Over 60,000 French Entrepreneurs Lost Jobs in 2024 Due to Business Failures

A surge in liquidations and economic challenges led to a record-high unemployment rate for small business owners, with further increases anticipated in 2025.

• In 2024, 60,852 French business owners lost their jobs, marking an 18% increase compared to 2023 and the highest level since 2015.
• The hardest-hit sectors include construction, real estate agencies, and transport/logistics, with job losses in these areas rising by over 23%.
• Nearly 75% of affected entrepreneurs led small businesses (TPEs) with fewer than three employees, while those aged over 60 saw a 33% rise in job losses.
• Business failures, including liquidations and restructurings, reached 67,830 in 2024, driven by post-COVID adjustments and ongoing political and economic uncertainties.
• Experts warn of continued challenges in 2025, urging proactive risk management and better awareness of financial safety nets for entrepreneurs.

3 Articles

l'Opinion L'Express Le Figaro