Turnover temp agencies increased further in Q3

© Hollandse Hoogte
According to Statistics Netherlands (CBS), turnover generated by temping agencies, employment agencies and payroll companies grew by 1.0 percent in Q3 2017 relative to Q2 2017. The growth rate is lower than in the preceding quarter. The number of temp hours also increased again in Q3.

Turnover temp sector, seasonally adjusted
Turnover temp sector, seasonally adjusted
 index
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 I128.2
2016 II130.3
2016 III131.6
2016 IV134.4
2017 I136
2017 II138.5
2017 III139.9

Less substantial increase temp hours

Turnover in the temp sector is strongly related to the number of temp hours. The number of hours worked in both short-term and long-term temporary employment contracts increased in Q3.

In long-term temporary contracts, e.g. secondment and pay-rolling, the number of hours was up by 0.4 percent in Q3 2017, versus 2.6 percent in Q2. This number has risen almost continually since 2012. Hours worked in short-term temporary contracts also increased by 0.4 percent in Q3. This growth is also less substantial than in the preceding quarter, when the highest increase in almost 7 years was achieved (4.6 percent).  

Hours worked in temp jobs, seasonally adjusted
Hours worked in temp jobs, seasonally adjusted
 Short-term contractsLong-term contracts
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 I107.5150.4
2016 II110153.5
2016 III111.7156.8
2016 IV112.6162.1
2017 I112.5168
2017 II117.6172.4
2017 III118.1173.1

Labour market improves further in Q3

The number of jobs rose by 51 thousand in Q3 2017 relative to the previous quarter. In each of the last four quarters, the number of jobs rose by more than 50 thousand. As a result, year-on-year growth was 223 thousand. Again, temp agencies showed the most substantial growth (80 thousand). In addition, the year-on-year increase of employees with a permanent contract was the highest since early 2009.

The number of unfilled vacancies grew by 9 thousand in Q3 relative to the previous quarter. Lastly, unemployment (ILO definition) fell by 25 thousand.

The figures in this publication are provisional and can be adjusted.

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