The European temporary employment agency sector showed varied trends, with France, Germany, and the United Kingdom leading in workforce numbers. Notably, Switzerland exhibited the highest year-on-year growth at 9.51%, followed by Hungary's strong rise at 6.82%. While France experienced a slight decline of 1.05%, countries like Greece, Lithuania, and Latvia also demonstrated significant percentage increases. Conversely, Iceland and Serbia reported declines, indicating potential shifts in these labor markets. Overall, the industry is experiencing modest growth driven by European economic dynamics and labor demand fluctuations.
Future trends to watch include the increasing flexibility in labor markets and potential expansions in Central and Eastern Europe, impacted by economic recovery and technological advancements enhancing job placements. Additionally, policy changes and socio-economic factors, such as increasing emphasis on remote work and digitalization, could significantly influence the sector's trajectory in the coming years.
Top countries in Number of Persons Employed of Temporary Employment Agency Services by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 892,090 | 2023 | +7.18% | -1.05% | View data |
| 2 | 2 Germany | 883,580 | 2023 | +6.09% | +1.51% | View data |
| 3 | 3 United Kingdom | 853,570 | 2023 | +0.97% | +1.38% | View data |
| 4 | 4 Netherlands | 667,640 | 2023 | +3.81% | +0.25% | View data |
| 5 | 5 Italy | 367,930 | 2023 | +2.09% | -0.63% | View data |
| 6 | 6 Spain | 241,790 | 2023 | +3.44% | +0.52% | View data |
| 7 | 7 Switzerland | 179,850 | 2023 | +7.42% | +9.51% | View data |
| 8 | 8 Belgium | 175,090 | 2023 | +5.87% | +1.34% | View data |
| 9 | 9 Sweden | 136,890 | 2023 | +6.64% | +1.27% | View data |
| 10 | 10 Poland | 108,640 | 2023 | +9.98% | +1.14% | View data |
