2.5% YoY increase in number of hours worked by agency workers, Eurociett reports
Eurociett has released its Agency Work Business Indicator for April 2016.
The average number of hours worked by agency workers across Europe has delivered 2.5% year-on-year growth compared with the same period last year. The Netherlands continued to show strong growth at +11% and was joined by Belgium which recorded a more than +9% uplift for the latest period. Solid growth was also shown by Italy, France and Austria.
Average growth, however, across the ten markets was lower than for the previous month YoY, due to a deterioration in the situation in Germany and a declining agency work market in Norway for the 13th consecutive quarter, Eurociett says.
The company says that agency work sale revenues for the latest period show robust growth across all markets with the exception of Norway where a cooling economy is resulting in a decline. Among those countries submitting latest monthly year-on-year comparisons, both Finland and the Netherlands continue to maintain double digit growth. Belgium and France too have recorded buoyant growth in YoY turnover in 2016 to date.
Austria shows a positive figure for the fifth consecutive month and a doubling of the year-on-year figure from the previous month. This indicates a solid increase in agency work activity during March 2016. Belgium In comparison with March 2015, activity in the temporary agency work industry grew by 9.14% in Belgium (compared with 5.75% in the year to February 2016). The uplift is the result of a rise in both the blue collar segment (hours worked +7.74%) and in the white collar segment (+11.08%).
In February in France, temporary work turnover (year over year) increased by 5%. In the same time, number of hours worked improved by 4.5%. During the first quarter of 2016, and also in March, growth in the number of temps at work has reached 5.9% (after 5.2% in February). In the regional detail, expansion has been particularly strong in Alsace (+14.7%), Franche-Comté (+16.2%) and Pays de la Loire (+16.7%).
Finland has changed the way in which it collects its data on agency hours worked this year hence we will not be able to compare year-on-year data until January 2017. February figures, however, show a modest uplift on the previous month and turnover increased by a significant 22.5% compared with February 2015.
In period 3 (week 9 – 12) in the Netherlands, the total amount of hours increased 11% and turnover grew 13%, in comparison to the same period last year. This period had an equal amount of workable days compared to the same period last year, so no correction was applied. The administrative sector increased 11% in hours and also turnover grew 11% in comparison to the same period in 2015. Hours in the industrial sector also increased 11% and turnover increased 14% compared to the same period last year. Furthermore, the amount of worked hours in the technical sector increased 12% and turnover increased 17%.
Spring brought a fragile recovery in Switzerland for agency hours worked in March 2016 with a 3% rise in hours worked compared with March 2015. Over the past 12 months the index has fallen by 0.7% with a fall of around 1.2% since the beginning of this year.
UK agencies’ billings from the employment of temporary/contract staff continued to rise in March. The rate of expansion quickened to a four-month high and was marked overall. Rising client activity levels were commonly reported by panellists noting an increase in temp billings. Growth of temp billings was broad-based across the English regions, with the Midlands posting the sharpest increase.