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Number of hours worked by agency workers grows 2.3% YoY, reveals Eurociett

Eurociett has released its Agency Work Business Indicator for September 2016.

The average number of hours worked by agency workers across Europe grew 2.3% year-on-year compared with the same period last year. France and the Netherlands showed the strongest growth both at +7% with Belgium also delivering a solid performance at +6.6%. Switzerland and Italy continue to show a decline in numbers year-on-year while Norway has finally stabilised at 0%. Up to date data from Denmark was not available and data for Germany is not included due to changes in the collection process at the federal employment agency.

Agency work sales revenues for the latest period reveal solid growth across all markets including Norway, which experiences growth for the first time in several years. Poland is the star performer with 17% growth year on year with Sweden also showing a strong performance at 10% YoY growth. Finland records 8.2% growth, with both The Netherlands and Belgium showing 8%.

Austria has shown consistent positive growth versus the previous year for more than six months now. It is also recording a growth in hours worked for the third consecutive quarter

In Belgium, in comparison with April temporary agency work industry grew by 2.69% in May 2016. Both the blue collar and white collar segments grew, recording an uplift of 3.82% and 4.40% respectively.

In July, France’s temporary turnover increased by 7,5% (year on year, number of days work adjusted). Number of temps at work grew by 7%. In August, number of temps at work rose by 3,1% after 4,6% in July. While August is usually disturbed by holidays, this trend should be interpreted carefully.

In the detail, growth in North (Picardie: +6,7% and Nord-Pas-de-Calais: +6,3%) and East (Franche Comté: +10,8%, Alsace: +7,8%, Champagne Ardenne: +7,3%) remained particularly dynamic.

Finland has changed the way in which it collects its data on agency hours worked this year hence Eurociett is not able to compare year-on-year data until January 2017. However, July figures on evolution of turnover show a slowdown on the previous month.

Germany is not included in this month’s AWBI as validated figures for the latest period are not possible due to a change in the data from the federal employment agency. It is hoped that Germany will return to the Indicator in the autumn when reliable data is once again available.

In period 7 (week 25 – 28) in The Netherlands, the total number of hours increased 7% and turnover grew 8%, 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 9% in hours and also turnover grew 7% in comparison to the same period in 2015.

 Hours in the industrial sector increased 8% and turnover increased 9% compared to the same period last year.

 Furthermore, the amount of worked hours in the technical sector increased 1% and turnover increased 5%.

The Norwegian agency work market now seems to stabilize following decline for 13 consecutive quarters. The invoiced work hours in Q2 were at the same level as the year before and the sales revenues grew by 2,3%. The drop in oil prices has affected the market for the last few years as a lot of people in oil related industries lost their jobs and there has been a rise in unemployment in certain parts of the country. It seems that this has now reached the bottom and there is also growth in the areas of the country less dependent on the oil industry. For some export industries and for tourism low currency value has had a positive effect.

In Switzerland, temporary agency work contracted again in July, recording an 8.6% drop over the previous year. Contraction since the start of the year is -0.3%. A review of the past 12 months indicates a net negative trend. During this period commercial activity fell around 2.2%.

In the UK, agencies’ temporary/contract staff billings continued to rise in July, although the rate of expansion slowed to a ten-month low. A number of panellists indicated that uncertainty following the EU referendum had prompted clients to seek short-term staffing solutions as an alternative to permanent hires.

Higher temp billings were recorded across all regions with the exception of London, where the rate of decline was the most marked in seven years.

Picture courtesy of Pixabay

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