Turnover by employment agencies grew in Q4 2016

© Hollandse Hoogte
According to Statistics Netherlands (CBS), turnover generated by temp employment agencies, job pools and payrollers grew by 3.5 percent in Q4 2016 relative to the preceding quarter. This is the highest growth in 2016. The number of hours worked in temp jobs also increased further in Q4.

Simultaneously with the publication of Q4 data, annual figures become available. In 2016, turnover in the temp sector increased by 7.6 percent and the total number of temp hours by 6.9 percent.

Turnover temp sector, seasonally adjusted
Turnover temp sector, seasonally adjusted
 index
2013 I102.8
2013 II103.9
2013 III105.9
2013 IV107.4
2014 I107.6
2014 II109.6
2014 III111.8
2014 IV113.9
2015 I116.2
2015 II120.4
2015 III123.9
2015 IV129.8
2016 I127.1
2016 II130.5
2016 III132.4
2016 IV137.1

Highest increase number of hours worked in long-term in 2.5 years

Turnover in the temp sector is strongly related to the number of temp hours. The total number of temp hours increased by 2.8 percent in Q4 2016 relative to Q3. The growth is due to an increase in both short-term and long-term employment contracts.

The number of hours worked in long-term temporary contracts, e.g. secondment and pay-rolling, increased by 3.9 percent in Q4 2016. This is the highest increase in 2.5 years. The number of hours worked in short-term temporary contracts increased by 1.7 percent. This increase was less substantial than in Q3.

Hours worked in temp jobs, seasonally adjusted
Hours worked in temp jobs, seasonally adjusted
 Short-term contractsLong-term contracts
2013 I99.5105.1
2013 II98.6108.6
2013 III98.9110.9
2013 IV100.4113.9
2014 I98.4119.8
2014 II97.1126.3
2014 III97.8129.4
2014 IV99.1133.7
2015 I99.3137.8
2015 II102.3142.1
2015 III104.6147.4
2015 IV106.6152.1
2016 I107.4146.8
2016 II110.3151.2
2016 III112.5155.5
2016 IV114.4161.5

Not only temp jobs

As reported by CBS on 14 February, the number of jobs held by employees and self-employed rose by 53 thousand in Q4 2016, i.e. the most substantial increase in 5 years. Additionally, the number of new job vacancies grew by 8 thousand, while unemployment was reduced by 29 thousand compared to Q3 2016.

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