was in Germany (-22%) and Italy (-19%) and the firm blamed the recruitment of technical flex workers in Germany on increasing shortages. It also warned that equal pay discussions, combined with the skill shortage
% to £1.8 million, driven by strong performance in contract recruitment in the Benelux countries and Germany.
The Nordic market, which is heavily focused on executive and permanent recruitment, saw a -5
’s largest division, Continental Europe and & Rest of the World, was the only region to see growth in the period with gross profit rising strongly by +16%. Germany outperformed other staffing markets
currency, the UK grew by +5% while all other major European markets declined (Nordics -4%), Germany -10%), Netherlands (-12%) and Belgium (-11%).
In this region the “gross profit margin was below the prior
in the Federal Republic of Germany and in other countries as well. Hence, let us consider these elements together. Perhaps we cannot apply any of the Hartz concepts in full, but we do have many elements that can