Weak Demand for Temporary Jobs



            The world's largest temporary staffing agency, the Swiss Adecco, has warned of a challenging forthcoming period in employment in Europe as the largest labour markets such as France and other countries in the Eurozone are unlikely to emerge from a paralyzing debt crisis any time soon. 

    Temporary employment is generally considered to be the leading indicator of entire labour market.   Many employers have been reluctant to commit to full-time hiring, preferring temporary workers as a way of staying flexible in case the recovery falters.

            ''Our revenues shrank in July, mainly due to France and Japan. Geographically, labour market developments continue to be diverse. Europe is weakening further'', said Adecco.

            The unemployment rate in the US is still very high and the EU governments are introducing austerity measures while fighting the record unemployment.