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Industry revenue of »temporary employment agency activities« in Norway 2011-2023

Up until 2017, temporary employment agencies in Norway had emerged as a major migration industry, actively recruiting workers from eastern Europe. However, the period after has witnessed a steady decline in revenues and this is expected to be the case over the coming years as well. Industry revenues are expected to decline from 4 billion U.S. dollars in 2017 to 2.1 billion U.S. dollars in 2023.

One of the main reasons for this is the government’s introduction of a new law in March 2017, restricting temporary employment in the public sector. Called ‘Employee of the State’, the law focuses mainly on the education sector and replaces the Public Servants Act. This is particularly significant as Norway and other Scandinavian countries have historically been world leaders in terms of public sector employment.

Interestingly, even though overall employment in Norway has witnessed a slow but steady increase over the last few years, employment placement agencies haven’t done so well. In fact, their revenues are expected to fall from 179.3 million U.S. dollars in 2017 to 118.5 million U.S. dollars in 2023.

Industry revenue of »temporary employment agency activities« in Norway from 2011 to 2023

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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Norway. The industry “temporary employment agency activities“ has the code “N782“.

Details on the methodology can be found here.

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