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Since the start of the year several countries across Europe have experienced slower activity intemporary staffing and new research shows that Italy is not exempt from this market trend.
In April 2012, the average monthly number of agency workers in Italy decreased by -4.2% when compared to a year ago, according to the latest statistics by the bilateral organisation for temporary employment representing employers' associations and unions (Ebitemp). This follows on from March when the number of agency workers had already declined to 254,000 from about 265,000 in the previous year.
Ebitemp also said that the hours worked by agency workers in March amounted to around 24.5 million, showing a negative month-on-month variation in April of -6.8%. The hours worked per employee decreased on average by -2.6% in April when compared to a year ago.
The sum of wages paid to temporary agency workers in April dropped by -3% when compared to the previous year.
According to Ebitemp, Italy’s employment rate went up marginally in April and stood at 57% while unemployment shot up to 10.2% in the euro zone’s third largest economy.
Italy is a key staffing market in Europeand the combined value of the Italian staffing market was worth around €5.8 billion in 2010, according to Staffing Industry Analysts’ research.
The staffing market in the country is made up of three key components – generalist firms, which represent 96% of the market, Research & Selection companies (3.5%) and outplacement agencies (0.5%) or a combination of these. Adecco is the market leader with around 15% market share while the top five firms make up 56% of the entire Italian staffing industry.