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Monaco’s temporary workforce fell sharply in 2025, dropping 17.3% following the completion of several major construction projects. According to the latest report from IMSEE, temporary employment agencies employed 6,458 people at year-end, 1,350 fewer than in 2024. The number of hours worked plummeted 23.8% to 8.7 million, while revenue declined 16.4% to €269 million. Construction remains the largest user of temporary labour, accounting for 40.3% of assignments and nearly 70% of all days worked. The end of major building projects therefore had an outsized impact. Across all sectors, 48,752 temporary assignments were recorded, down 13.9% from 2024, with days worked falling 35.3% to under 1.7 million. Despite the slowdown, the sector remains historically strong. Monaco had over 700 more temporary workers in 2025 than in 2021, and revenue has grown 23.7% over the same period. The data highlights a labour market that remains resilient even as it adjusts post-construction peak. Article and image source: monacolife.net
Monaco’s temporary workforce fell sharply in 2025, dropping 17.3% following the completion of several major construction projects. According to the latest report from IMSEE, temporary employment agencies employed 6,458 people at year-end, 1,350 fewer than in 2024. The number of hours worked plummeted 23.8% to 8.7 million, while revenue declined 16.4% to €269 million.
Construction remains the largest user of temporary labour, accounting for 40.3% of assignments and nearly 70% of all days worked. The end of major building projects therefore had an outsized impact. Across all sectors, 48,752 temporary assignments were recorded, down 13.9% from 2024, with days worked falling 35.3% to under 1.7 million.
Despite the slowdown, the sector remains historically strong. Monaco had over 700 more temporary workers in 2025 than in 2021, and revenue has grown 23.7% over the same period. The data highlights a labour market that remains resilient even as it adjusts post-construction peak.
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