publication

Economic Report 2024

The HR services industry pursued an upbeat trend in 2022, growing global turnover by 8.3% for a total of €632 billion (USD666 billion) in sales revenues. The Economic Report 2024 of the World Employment Confederation demonstrates through the positive results recorded as per the number of people supported, the opening of agencies and hiring of internal staff how attractive the sector is and the key role it plays in navigating the complexities of labour markets.

Published on 9th April 2024

The HR services industry demonstrated remarkable resilience and adaptability throughout 2022, following a stellar recovery in 2021 from the global economic downturn caused by the pandemic. As the skills mismatch worsens, the industry, however, faces a standstill.

The Economic Report 2024 of the World Employment Confederation (WEC) dives into the sector’s performance in 2022 – including at regional level – and offers some first insights into 2023 data. This year’s edition also offers socio-demographic data on agency workers.

content types: Publications
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