Temporary employment – a sector with many challenges
Insight
Germany: One seventh of the temporary staff is missing...
The number of temporary workers in 2019 was 748,400, about 10% lower than in 2018, and a full 14% lower than in 2017, the industry's all-time high. As early as 2018, 10 of the 25 largest temporary employment agencies recorded their first revenue declines. The fact that industry revenues were nevertheless in a sideways movement overall is mainly due to a price effect (collective wage increases). However, due to the parallel increase in wage costs, the growth in sales did not lead to a significant increase in margins.
Temporary employment is currently facing various challenges – the economic situation is only one of them. Learn more in our current industry snapshot:
