In Germany & Austria, Q1 2011 revenues continued to develop very strongly increasing by +38% to 356 million Euro. Growth remained strongest in the industrial staffing business particularly automotive
are still in work after three years. In Germany, over 60% of temporary agency workers starting in 2011 were unemployed or had never worked before.
Ms Muntz said that “agency work needs good regulation
still fragile, is recovering at a faster pace than previously envisaged. The updated projections include France, Germany, Italy, the Netherlands, Poland, Spain and the United Kingdom. The seven countries
-Pacific region is down by 46%, ROW fell by 25%. In Germany, where Hays are specialised in the IT sector, net fees experienced a relatively mild reduction of only 7%. The more favourable Euro and Australian Dollar