{"id":304421,"date":"2025-07-11T16:47:39","date_gmt":"2025-07-11T14:47:39","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2025\/07\/temporary-work-hits-new-highs-with-321-7-million-euros-in-2024\/"},"modified":"2025-07-11T17:05:41","modified_gmt":"2025-07-11T15:05:41","slug":"temporary-work-hits-new-highs-with-321-7-million-euros-in-2024","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2025\/07\/temporary-work-hits-new-highs-with-321-7-million-euros-in-2024\/","title":{"rendered":"Temporary work hits new highs, with 321.7 million euros in 2024"},"content":{"rendered":"\n

The Monegasque temporary employment sector generated a record turnover of 321.7 million euros in 2024, employing 7,808 people and exceeding 11 million hours worked for the first time.<\/strong><\/p>\n\n\n\n

The 18 temp agencies listed on Monaco’s Trade and Industry Register have made remarkable progress, with a 19.0% increase in turnover compared to 2023. Even more impressive is the fact that this sector has practically doubled its results in five years (+88.5%), significantly outperforming the Principality’s overall economy. The number of employees jumped by 13.5%, with almost a thousand more temporary workers, while the volume of hours worked rose by 17.1%. This dynamic makes temp work a major part of the Monegasque labour market, accounting for 12.9% of the total private sector workforce.<\/p>\n\n\n

\n
\"\"
Nearly 57,000 temporary assignments carried out during the year, up 17.4% on 2023. Sources: Temporary employment agencies, IMSEE<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Temporary work continues to provide more jobs in Monaco<\/a><\/p>\n\n\n\n

Construction and public works account for two-thirds of days worked<\/h2>\n\n\n
\n
\"chantier-construction-monaco\"
\u00a9 Monaco Tribune<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Construction remains the mainstay of temporary work, accounting for 42.1% of assignments and 66.9% of days worked. Within that sector, Specialist Construction Work accounted for 33.5% of assignments, buoyd by the Principality’s many construction sites. Accommodation and catering comes second with over 20% of contracts, but only 1.7% of days worked, showing the predominance of short assignments in the sector. 29.5% of all contracts last just one day, mainly in catering.<\/p>\n\n\n\n

How Monaco’s major infrastructure projects boost local economy<\/a><\/p>\n\n\n\n

A clear demographic profile<\/h2>\n\n\n\n

The temporary workforce is largely male, with 6,843 men and 964 women, i.e. 87.6% men. On average, these employees are younger (40.1 yrs) than the private sector as a whole (42.4 yrs), and they almost all live outside Monaco (98.8%). The breakdown by nationality shows Portuguese people to be over-represented (19.3% compared with 7.1% overall) and the French to be under-represented (38.8% compared with over 60%), testifying to the appeal of the sector for certain European communities.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Monegasque temporary employment sector generated a record turnover of 321.7 million euros in 2024, employing 7,808 people and exceeding […]<\/p>\n","protected":false},"author":80,"featured_media":304197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[243,258],"tags":[3478],"post_sectags":[3099],"post_format":[2465],"class_list":["post-304421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-public-life","tag-jobs","sectag-monaco-statistics","format-in-brief"],"acf":[],"yoast_head":"\nTemporary work hits new highs, with 321.7 million euros in 2024<\/title>\n<meta name=\"description\" content=\"The Monegasque temporary employment sector generated a record turnover of 321.7 million euros in 2024, employing 7,808 people and exceeding 11 million\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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