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The New Year did not start well for staffing firms in the Netherlands where continued uncertain economic conditions have taken their toll on the local staffing market. New data shows that temporary billings fell in January, following months of decline.
Research from the Dutch association of employment agencies (ABU) today indicates that staffing companies posted lower revenues last month with sales falling -2% when compared to a year ago. The number of hours worked in the staffing sector meanwhile dropped by -3%.
The medical sector was hit the most where revenue declined by -10% and hours by -12%. In the administrative sector, revenue fell -2% and hours -4% year-on-year. The decline in the industrial sector eased with revenue rising +1% and hours falling by -1%. But technical staffing firms could not evade the decline with revenue in this sector dropping by -6% and hours by -9%.
Staffing Industry Analysts does not expect the Dutch staffing market to return to growth this year with forecasts indicating a single-digit decline for 2013.