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Finland – Private labour recruitment sector continues to grow

16 November 2016

According to a report on labour recruitment and the SME Barometer on business services published by the Ministry of Economic Affairs and Employment and the Business Sector Services, labour recruitment services and particularly the provision of agency and temporary labour continue to increase in Finland.

The report showed that there are about 1,200 companies and 1,405 offices in the labour recruitment sector. Moreover, 40% of the offices are located in the province of Uusimaa. The sector employs an average of over 35,000 people and turnover amounts to about EUR 1.6 billion. The sector has grown rapidly in recent years, and with strong competition in the area.

The report suggests that a labour recruitment company is an important route into the labour market for younger workers.

According to the SME Barometer and labour market experts, the future of the sector looks to be positive. The significance of the sector will grow in Finland. Growth will occur as a result of the trend in the public sector to outsource its services as well as the fact that the nature of work will change due to technology and digitalisation.