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Switzerland – Temporary recruitment declining slightly

19 November 2013

The temporary recruitment sector declined slightly in October, according to the latest figures from Swiss Staffing, the Swiss Federation of Staffing Companies. Compared with a strong performance in October 2012, temporary recruitment fell by -1.8% compared to the same period in the prior year; offsetting the +1.5% increase reported in September.

Temporary recruitment for the year as a whole remains stagnant. For next year, the association is hoping for an improvement of market conditions, driven by growth in the global economy.

However, the longer-term outlook remains positive. The Swiss State Secretary for Economic Affairs (SECO) has marginally upgraded its autumn forecast. For the current year, SECO expects a moderate economic growth of +1.8%. A stronger economic recovery is expected during the course of 2014. 

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