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Eurociett publishes Agency Work Business Indicator for June


In April, the European growth figure remained stable at 4.5% yoy growth in hours worked. Notable this month is a 4.9% decline in Switzerland, after peaks of 15.6% in March and 5.9% in April. Growth in France and Italy has increased, while in the Netherlands it stabilized and in Belgium it slightly decreased to 4.1% y-o-y. Poland still shows the highest growth, although with 12.5% y-o-y growth the increase has slowed down from the 30.6% growth in Q4 2013. 


Turnover growth has developed upward, now showing positive growth in all countries included in this indicator.  Finland has come back to positive growth after 2.2% in March. Poland’s turnover development is lower than in the previous quarter, but still grows at a higher pace than the number of hours worked. France and Belgium are the only countries surveyed where turnover development was not greater than the development of hours worked. 



In May 2014, the number of hours worked by temporary agency workers was -2.08% lower than a month earlier (seasonally adjusted data, corrected for calendar effects). A decrease was observed both in the blue collar segment by -2.74% as in the white collar segment by -1.16%. In comparison with May 2013, the activity in the temporary agency work industry grew by 4.08% (compared to 9.61% in April 2014) resulting from a rise in the blue collar segment (hours worked: 4.84%) and in the white collar segment (3.03%).   


 In April, temporary work turnover and hours worked increased 2%. In May, number of temps at work has declined of 2.9%, year over year. This trend should be interpreted carefully because of several holidays during the month of May. In the detail, level of temporary work has improved in 6 regions: Limousin (6.9%), Auvergne (5.2%), Haute Normandie (5.2%), Bourgogne (2.6%), Bretagne (1.1%) and Nord pas de Calais (0.4%), corresponding 5 more than the previous month.    


In period 5 (week 17 – 20) the total amount of hours increased 4% and turnover grew 3%, in comparison to the same period last year. This period had one workable day more compared to the same period last year, for this a correction was applied.  • The administrative sector increased 5% in hours and also turnover grew 5% in comparison to the same period in 2013.   • Hours in the industrial sector increased 3% and turnover increased 1% compared to the same period last year.   • Furthermore, the amount of worked hours in the technical sector increased 11% and turnover increased 8%.   


The Norwegian staffing industry experienced a fall of -4.8% in the number of hours worked by temporary workers during the first quarter of 2014 compared with the same period last year. Turnover was however at the same level as the year before and this shows that it has been a slightly price growth in the period. In line with a cooling of the Norwegian economy, declines were noted across most occupation categories. Sharp declines were reported in Warehouse/Logistics/Transport (-12.6%), IT (-10.6%), Manufacturing & Production (-9.7%), and Call Centres (- 9.7%). It is also worth noticing a 7,2% decline in the largest occupation category of the Norwegian staffing industry, construction work. The penetration rate of the agency work industry stays stable on about 1% even though the market is declining. This shows that the development in the numbers of people working through the industry is proportional with the total Norwegian workforce. The agency work industry is closely linked to the total economic development.  A decline tells us that the Norwegian economy is slowing down and that there is a risk of unemployment growth.


Staffing for manufacturing and industry increased strongly during the year's first quarter, 33%.  Warehousing/logistics also increased by 15%. In addition, health care staffing increased by 20%. All compared with the same period last year. This trend reveals three crucial areas where the staffing industry has become a central player for the Swedish economy: within industry, logistics and health care. 20,000 engineering workers a year are now employed by staffing companies and contracted out to industry. Every day, 1,000 doctors from staffing companies work at district health centres and other care institutions. Warehousing and logistics units are being operated to an ever increasing extent by staffing companies – either in their entirety or specific parts. 

For the third quarter in succession, the industry as a whole is displaying positive growth, compared with the same period last year. This year's first quarter has produced an increase of 9% compared with the same quarter last year. Quarterly turnover amounted to some 5 billion. In a regional perspective, Northern Sweden grew most strongly at 19%. Northern Sweden is simultaneously the smallest region with 10% of turnover. Stockholm is still the largest region with one third of turnover, closely followed by the industrial Western Sweden with 27%. 

Staffing is by far the largest source of income at 89% of turnover. At the same time, outsourcing has grown steadily, now constituting 6% of turnover. Recruitment and outplacement each comprise 3%. With total staffing increasing for the third quarter in succession, we can anticipate that sectors with white-collar workers and university graduates will also be increasing their use of staffing agencies. 


Growth of temp billings remains strong, despite easing.    Agencies’ billings from the employment of temporary/contract staff increased in April, as has been the case throughout the past year. The rate of growth was again marked, despite easing for the fourth month running to the slowest pace since June 2013. Temp billings growth was strongest in the Midlands, while the North posted the slowest rise.  


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