falling for the first time since August 2009. In both cases, the declines contrast markedly with strong rates of growth in early-2011.
Output growth slowed to near-stagnation in both Germany and France
%), the Czech Republic and Luxembourg (both 10%).
The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France
performance," added Joerres.
Southern Europe: In France revenues were up by +5.4% to US$1.5 billion in Q4 2011 from US$1.4 billion in Q4 2010. In constant currency, French revenues were up by +6
if the economy is subdued, “it will take 10 or 15 years” before France sees the same level of demand for staffing agency services experienced in the UK.
Nick Cox from Hays highlighted the structural growth
the division's net fee income to £36.7m in 2006 and expanding out of the UK into Holland, Germany and France. Since that time he has advised various recruitment companies on a consultancy basis, most recently
consolidation in France in 2012. Q4 2011, revenues in the Benelux countries were reported to have decreased by -1% and the company said that revenue development was slightly behind the market in the Netherlands.
observed elsewhere in European countries such as France, Switzerland and the Netherlands.
The latest seasonally adjusted statistics by the Belgian federation of employment agencies, Federgon, also show