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Belgium – 2012 Ends With Further Decline for Staffing Market

28 January 2013

Last year, staffing firms in Belgium were impacted by falling client demand and uncertain economic conditions. New research now shows the staffing industry did not see a recovery towards the end of 2012.

But with an expected GDP growth of 0.6% in 2013, Staffing Industry Analysts expects the Belgian staffing market to return to growth this year.

Last month, the number of hours worked in the temporary staffing sector fell by -6.0% from a year ago. According to figures by the federation of private employment agencies (Federgon), the decline hit blue collars, who showed a drop of -10.9% in working hours. White collar workers benefitted from a small increase of +0.8%.

Month-on-month comparisons show a different picture. The number of hours worked by temporary staff increased by +2.0% in December 2012 from November. This is due to both an increase among blue collar workers (+1.4%) and white collar workers (+2.7%).

All figures were seasonally adjusted and the Federgon index reached 204.7 in December 2012, up from 203.3 points in November 2012.  The Index was set at a base of 100 in January 1995 and shows the level of activity in the temporary staffing industry in Belgium.

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