Forecast: Wages and Salaries of Temporary Employment Agency Services in Germany

In 2023, the wages and salaries of temporary employment agency services in Germany amounted to approximately 21.7 billion Euros. The forecast predicts a steady increase from 22.95 billion Euros in 2024 to 27.89 billion Euros by 2028. This indicates a year-on-year growth of around 5% from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately 5.3% for the five-year period from 2024 to 2028.

Future trends to watch for include:

  • Potential regulatory changes in labor laws impacting temporary employment.
  • Technological advancements that could increase efficiency in job placement.
  • Economic factors, including GDP growth and unemployment rates, that may affect demand for temporary labor.

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