The employment in the temporary employment agency activities sector in Austria stood at 70.36 thousand in 2023. This sector has shown fluctuations over the years, with significant growth and declines. After peaking in 2018 at 71.31 thousand, a dip occurred in 2020 with employment falling to 62.62 thousand due to the pandemic. Employment increased again, standing at 70.36 thousand in 2023, with a slight year-on-year increase of 2.28%. The CAGR over the last five years has been approximately -0.27%, indicating slight overall decline.
Future trends to watch for include:
- Stability in employment levels with a forecasted gradual increase from 70.41 thousand in 2024 to 70.61 thousand in 2028.
- The sector's growth rate is expected to plateau with a 0.06% forecasted 5-year CAGR, suggesting marginal annual growth.
