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The staffing market in Italy contracted in April as demand for temporary employment remained weaker than a year ago. New research indicates that the number of temporary agency workers dropped in April, following months of decline.
Data from the organisation for temporary agency labour (Ebitemp) shows that the seasonally-adjusted number of temporary agency workers in April was 244,000, compared to 254,000 in the prior year. This is a reduction of around -3.9%
Hours worked by temporary staff was also down by around -4% to 23.6 million in April. The research shows that wages paid to temporary workers fell by -4.2% from the same time last year.
In April, Italy’s labour market tightened further as unemployment hit a 36-year high with the jobless rate reaching 12%. Unemployment in the Eurozone's third-largest economy rose to 3.83 million while youth unemployment jumped to 40.5%. The country is challenged by chronically low rates of employment and participation in the labour market.
Although the economy is expected to remain sluggish this year, Staffing Industry Analysts expects the Italian staffing industry to return to growth in 2013, after declining last year. Italy is a key market for the European staffing landscape and the combined value of the Italian staffing market was worth around €5.755 billion in 2010, according to Staffing Industry Analysts’ research.