Published on 25th November 2019
In 2017, 54 million people found employment opportunities via agency work or direct recruitment services by private employment agencies. On a global average, 40% of individuals were either unemployed or inactive prior to starting out in the agency work sector and 74% of agency workers are still employed 12 months after their initial assignment. In more than two thirds of countries considered, the share of young people in agency work is higher than in the overall employed population and in nearly half of the countries, the share of women is higher.
“Data from our 2019 Social Impact Report demonstrate that private employment services drive labour market participation & diversity, in particular to the benefit of the most vulnerable groups,” says Annemarie Muntz, President of the World Employment Confederation. “Work remains a vital element in people’s life and our sector clearly contributes to making transitions work for all, delivering fulfilling careers and dynamic labour markets.”
The World Employment Confederation (WEC) produces its Social Impact Report based on data collected from its members and third-party research. With 50 national federations and eight corporate members, the World Employment Confederation represents the private employment services industry at global level. The 2019 Social Impact Report dives deep into the contribution of the sector for participation, transitions and inclusiveness but also addresses the impact of WEC members in upskilling the workforce, ensuring quality working conditions and providing protection and stability to workers.
Acknowledging the challenges brought by the evolution of the world of work, the members of the World Employment Confederation have indeed proactively created innovative and socially inclusive solutions to ensure decent work. Several of these examples are featured in the Social Impact Report as well as on the World Employment Confederation’s dedicated online database.
“Surveys amongst agency workers regularly conducted by our members shows high levels of satisfaction regarding work situation, career prospects, quality of assignments and skilling opportunities. Investing in solutions to provide meaningful and decent work pays off, for workers, businesses and society as a whole,” Muntz concludes.