Daily NewsView All News
Weak demand and uncertain economic conditions both had its toll on the French staffing industry last year. And the latest flash estimates by the National Institute of Statistics and Economic Studies (INSEE) confirm this trend.
The data shows that 13,800 temporary agency jobs were lost in the fourth quarter of the year, a -2.7% decline. This follows a strong fall of -5.3% in the third quarter, the institute said.
The figures also reveal that around 65,600 private sector jobs provided via the staffing industry were shed in 2012. This translates into a -11.5% decline among the temporary workforce. The trend is likely to continue into the first half of 2013, the institute said.
By way of comparison, the recent fall in temporary employment is half that experienced during the global financial crisis in 2008 when 135,000 temporary jobs were shed.