The 2023 employment data illustrates that the UK leads in employment placement agency figures, holding 32.7% of the share. Notable growth occurred in Serbia with a striking 104.38% increase, signaling a significant shift in workforce dynamics. Conversely, Germany and Belgium saw substantial declines of 14.42% and 9.15% respectively. Ireland and the Netherlands sustained positive growth of over 7% each, highlighting their expanding markets. Meanwhile, Italy's demand grew by 20.62%, pointing to rising opportunities for employment service firms.
Future trends to observe include:
- Increasing market share in Eastern Europe, particularly Serbia.
- Continuous decline or stagnation in Western Europe, especially Germany and Belgium.
- Potential shifts toward technology-driven placement solutions, influencing overall employment figures and market dynamics.
Top countries in Number of Persons Employed of Employment Placement Agencies Share by Country (Units (Employees))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 32.7 | 2023 | -0.24% | -0.9% | View data |
| 2 | 2 Ireland | 12.19 | 2023 | +9.97% | +7.01% | View data |
| 3 | 3 Netherlands | 12.09 | 2023 | +6.5% | +7.06% | View data |
| 4 | 4 Poland | 6.84 | 2023 | +2.92% | -1.8% | View data |
| 5 | 5 Sweden | 6.56 | 2023 | +9.63% | +3.33% | View data |
| 6 | 6 Germany | 4.73 | 2023 | -7.58% | -14.42% | View data |
| 7 | 7 Czech Republic | 4.23 | 2023 | +11.11% | +3.6% | View data |
| 8 | 8 Belgium | 3.29 | 2023 | -9.63% | -9.15% | View data |
| 9 | 9 Spain | 2.73 | 2023 | +0.17% | -0.11% | View data |
| 10 | 10 Serbia | 2.38 | 2023 | +28.41% | +104.38% | View data |