Umbrella company contractors may be interested to learn that the average number of hours worked by agency workers across Europe has increased by 2.5% year-on-year compared with the same period last year.
According to Eurociett's Agency Work Business Indicator for April 2016, agency work sale revenues for the latest period show robust growth across all markets with the exception of Norway where a cooling economy is resulting in a decline.
Among those countries submitting latest monthly year-on-year comparisons both Finland and the Netherlands continue to maintain double digit growth. Belgium and France too have recorded buoyant growth in year-on-year turnover in 2016 to date.
Looking closer to home, UK agencies’ billings from the employment of temporary/contract staff continued to rise in March.
The findings found that the rate of expansion quickened to a four-month high and was marked overall and rising client activity levels were commonly reported by panellists noting an increase in temp billings.
Growth of temp billings was broad-based across the English regions, with the Midlands posting the sharpest increase.
Daniele Cantello is an Contract Manager for Contractor Umbrella Ltd, one of the UK’s Most Respected Umbrella Companies. Learn more about Daniele on Google.
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