Polish market of temporary work is growing


 

In April 2011 the European market of temporary employment grew by 18.1 percent compared with the corresponding period in 2010. At the same time in the unemployment rate decreased by 3.2 percent  in 27 EU countries  - according to the latest report from the European Confederation of Private Employment Agencies - Eurociett.

The greatest rate of growth was recorded by a temporary employment agencies in Switzerland - by 43.2 percent and Italy where the number of hours worked by agency staff rose by 27.1 percent. Polish labor market has also accelerated rapidly - by 37.8 percent in the first quarter of 2011 compared with last year. Although there have been no final results yet, the forecasts for the next quarter of 2011 indicate a stable market development.

- Estimates show that the second quarter of 2011 will be better than the first, but it is unlikely that we will achieve such dynamic growth that took place in 2010. The situation on the market has changed. At the end of 2010 and in the beginning of 2011 we have recorded a record growth since we fight with the effects of the economic crisis. Now the market is growing steadily - says Anna Wicha, Country Manager of Adecco Poland and a member of the Eurociett Board.

The increase in the number of hours worked by agency workers in Europe

  

Belgium 
France 
Germany 
Italy 
Holland 
Switzerland 
European Union
Norway 
Poland
Percent growth in the number of hours worked by agency workers in Europe
 
 
 
 
 
+16.2%
 
 
 
 
 
+14.0% 
 
 
 
 
 
+21.4%
  
 
 
 
 
+27.1%
 
 
 
 
 
+8.0%
 
 
 
 
 
+43.2%
 
 
 
 
 
+18.1%
 
 
 
 
 
+16.7%
  
 
 
 
 
+37.8%

Period
April
2011
April
2011
April
2011
April
2011
13-16 weeks of 2011 
April
2011
April
2011
1 Q 2011
1 Q
2011

Source: Eurociett

Temporary employment agencies also increased sales. The first quarter of 2011 was the best, because  Sweden reached a result of more than 40 percent. The second place with 25 percent growth was taken by Poland. The best revenue among the countries which have published their results, because as much as 19.3 percent, was reached by Belgium in April 2010. Norway, with an increase in revenue by 18 percent was right behind it.

Revenue growth for private temporary employment agencies.

Belgium 
France 
Holland 
Norway
Poland 
Italy  
Sweden
Percent  revenue  growth for work agencies 
 
+19.3%
 
+16.5% 
 
+8.0% 
 
+18.1%
 
+25.0% 
 
+5.1% 
 
+40.0%

Period 
April 2011 
April 2011 
13-16 weeks of 2011 
1Q 2011
1Q 2011
1Q  2010 
1Q  2011
   
Source: Eurociett

The results of Eurociett report show a positive correlation between the number of hours worked by temporary agency workers, and an indicator of European GDP. According to the Eurociett report , the number of hours worked by agency staff in the first quarter of 2011 increased by 23.7 percent. The rate of GDP both in the euro and the EU-27 area rose by 2.5 percent compared with the first quarter of 2010.

- Temporary employment market by creating new jobs may have an increasing impact on the decline in unemployment. In Poland, temporary work has a much shorter tradition than in other European countries. However, predictions about the development of the domestic market of temporary employment (26 per cent growth in 2012, for Eurociett) show that we quickly become aware of the benefits, both for companies and employees, coming from temporary employment. Entrepreneurs appreciate the advantages of outsourcing  including fast and effective response to a changing economic situation and flexible matching of staff to current business needs. In turn, employees appreciate faster recruitment process, specialized training and professional advice in relation to employment. This suggests that employment agencies will be increasingly important on the labor market - both in Poland and Europe - explains Anna Wicha, Country Manager of Adecco Poland and a member of the Eurociett Board.