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The Irish staffing market showed robust growth last year with the latest statistics from Ireland’s National Recruitment Federation (NRF) showing increased demand for temporary agency workers.
In 2012, turnover in the recruitment industry amounted to €1.6 billion, up from €1.4 billion in the prior year. This represents an annual growth rate of +14%, confirming that more and more companies are relying on staffing firms to fill jobs. According to the NRF, the market in 2011 grew by +27% from €1.1 billion in 2010.
But Staffing Industry Analysts’ research on the Irish staffing market shows that the industry is still much smaller than it was in 2007 before the Irish financial crisis. Then recruiters achieved a turnover of around €2.5 billion.
Since then the market has gradually recovered. According to the NRF data, demand for temporary agency workers rose significantly last year with 69,700 roles filled over the course of the year, compared to 55,000 in 2011. This now values the gross billing for the supply of temporary agency workers at €1.2 billion.
There is also good news for the permanent recruitment market. In 2012, the number of people placed in permanent positions by staffing agencies amounted to 26,000 compared to 21,000 in the prior year. The rate of growth was solid in some sectors whilst in others there are still some skill shortages.
The industry now estimates a further +14% growth for the year ahead.
The National Recruitment Federation is a voluntary organisation set up to establish and maintain standards and code of practice for the recruitment industry in Ireland.