Trump says Iran war "close to over" amid hopes for more negotiations
Investing.com - Morgan Stanley reports that French temporary staffing data for March showed no significant changes, with the number of temporary workers declining 0.8% compared to a 1.3% drop in February.
Hours worked fell 0.5% in February, weaker than the 0.6% increase recorded in January, according to the firm’s data insights. Turnover remained nearly flat at negative 0.1% in February, also weaker compared to the 0.7% gain in January. The data publication lags by one month.
Morgan Stanley notes that the March data does not show signs of weakness following the conflict in Iran or higher oil prices. The firm does not rule out such effects materializing in later periods.
France represents approximately 24% of Adecco’s (SIX:ADEN) revenues and 15% of Randstad’s (AMS:RAND) revenues, according to Morgan Stanley.
The firm’s analysis focuses on sequential trends in the French temporary staffing market, which serves as a key indicator for the broader European staffing sector.
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