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Third-quarter revenues adjusted for currency movements, trading days and divestments rose 9% to 5.22 billion euros ($6.06 billion), slightly shy of analyst forecasts for 5.28 billion euros in a company-gathered poll.
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Administrative Assistants perform essential duties with pay starting at 23.00/hour, plus available overtime. "We have seen a modest sequential improvement in the weekly figures in October," Williams said, adding this was underpinning confidence for modest revenue growth in the fourth quarter. Would you like to become part of one of the largest food and beverage companies in the world Adecco is hiring immediately for Administrative Assistants with a local client in Carson, CA. Williams said the global chip shortage was weighing on Adecco's business with the automotive industry, particularly in its No.1 market France, and noted talent scarcity in hotel, catering, and tourism sectors, which employees have left to find work elsewhere. Randstad last month warned labour market shortages would be a major theme "for years to come" and ManpowerGroup also mentioned it was seeing a tight labour market. ZKB analysts pointed to Adecco's relatively modest organic revenue growth of 9% versus rival Randstad's 21% and Manpower's 11% in the third quarter. Shares in Adecco were 5.8% lower at 0820 GMT. ADECCO GROUP, WORLDS LEADING HR SOLUTIONS COMPANY, HAS CANCELLED 220,000 SHARES ACQUIRED UNTIL 15 MARCH 2019 UNDER SHARE BUYBACK PROGRAM COMPLETED IN MARCH 2019. "Long term that benefits us because we're part of the solution, but in the short term it means we can also find it difficult to find the candidate." "Labour markets are flexible, they come back, they reorientate, but in the short to medium term you can expect to continue to see a candidate and talent scarcity that is likely to drive wage inflation," he said. "The mismatch between supply and demand we see in the labour market is pretty unprecedented," Chief Financial Officer Coram Williams told Reuters in an interview on Tuesday.
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Inflation is picking up across the world, driven in part by a shortage of workers in some sectors as economies bounce back from the pandemic, creating a dilemma for central bankers who are wary of withdrawing stimulus measures too quickly.
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