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Belgium – Staffing market still shrinking in February

26 March 2013

Staffing firms in Belgium have struggled with falling client demand last year and new research shows that the slowdown in the temporary staffing market continued into 2013. Demand for workers is still not as strong as a year ago, according to new data from the Belgian federation of staffing agencies (Federgon).

With GDP growth estimated to remain modest this year, Staffing Industry Analysts expects the Belgian staffing industry to grow slightly in 2013 after seeing a decline in 2012.

However, in February, temporary staff worked fewer hours when compared to the same time in 2012. In the month, the number of hours put in by temporary workers fell by -6.38% year-over-year. In January, the annual rate of decline was slightly lower at -5%. Again, blue collar workers were in particular hit by the downturn, seeing a -10.99% fall in activity levels in February. White collar workers posted a very moderate increase of +0.02%. All figures are seasonally adjusted and the Federgon index reached 205.2 points in February 2013, down from 206.0 points in the previous month. 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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