Germany continues to be a hit by an economic
slowdown and lower car sales due to the introduction of new
emissions standards, Adecco said on Tuesday, as it reported a 2
percent fall in first-quarter revenue.
"The new law on emissions... has created a bottleneck and is
slowing down seriously the sales of new cars in Germany," Dehaze
said. "Around 30 percent of our revenues come from the
automotive industry; this had an impact in the previous quarter
and continued to have an impact in this quarter."
Adecco said it had problems finding enough qualified
professional staff -- particularly IT workers -- in the United
States, where unemployment has hit its lowest level in nearly 50
years.
Some companies had started offshoring workers, while there was
also a lack of workers with required skills.
"There is candidate scarcity," Chief Financial Officer Hans
Ploos van Amstel told reporters. "Labor and technology need to
keep up with each other."
(Reporting by John Revill; Editing by Michael Shields)
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