Recruitment Market Growth Confirmed in 2017


+11.3%—this was the growth of the recruitment market in 2017 compared to 2016, as reported by the main recruitment firms that are members of the professional association Syntec Conseil en Recrutement.
Syntec Conseil en Recrutement publishes a monthly barometer of the revenue of its members, serving as a leading indicator of executive employment in France.
This +11.3% growth in 2017 confirms the strong recovery observed in 2016 after several years of decline or low growth:
2012/2011: -15%
2013/2012: -16%
2014/2013: +0.3%
2015/2014: +4.4%
2016/2015: +12.9%
The Syntec barometer, conducted among recruitment firm leaders—key partners in executive hiring across all sectors of the French economy—is a reliable indicator of economic activity.
It also tracks confidence and satisfaction indices among its members.
Optimism is strong regarding revenue growth, with a confidence index for the next three months at 132 (compared to a baseline of 100 set in April 2011).
The satisfaction index, at 90, indicates a slight slowdown in activity in the last months of the year, likely linked to uncertainties ahead of the new 2018 Finance Act.