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Temporary recruitment in Switzerland slowed again during August 2013, compared with a year ago, temporary employment has fallen by -6.4%. The difficult climate at the beginning of the year has continued to hamper the recruitment industry.
The slowdown is as a result of a subdued construction sector and a hesitant export industry, according to the Swiss Federation of Staffing Companies (Swiss Staffing). Since the start of the year, temporary employment has fallen by -1.9%.
Unemployment has remained stagnant with a slight upward trend. Looking forward, the temporary staffing industry expects a small negative growth for the whole year.
For the longer term, economists from various institutes expect a revival of the economy, including increased investment and exports. This is expected to result in a revival of the temporary employment industry in the medium term.