---
title: Staffing Demand Is Growing Again, With Adecco's North American Permanent Placement Revenue Up 36%
description: Adecco's permanent placement revenue rose 36% in North America in Q3 2026 as US temp jobs and rival staffing groups also grew.
author: Darie Nani (Editor-in-Chief)
date: 2026-11-15T19:57:17.735Z
updated: 2026-11-15T19:57:17.751Z
canonical: https://www.sovereignmagazine.com/article/adecco-q3-2026-permanent-placement-growth
image: https://cdn.nanimediahouse.com/pexels-a-business-interview-with-three-people-in-a-modern-office-ro-5439371.jpg
categories: Economy
content_type: News
region: Global
publication: Sovereign Magazine
schema_type: Article
about:
  - type: Organization
    name: Adecco Group
    description: Zurich-based staffing and workforce solutions group whose brands include Adecco, LHH and Akkodis.
    url: https://www.adeccogroup.com
---

Revenue from permanent placement, the fees employers pay a recruiter to fill a permanent job, returned to growth at Adecco Group in the third quarter, rising 36% in North America, the Zurich-based staffing group said on Thursday. Adecco's organic revenue grew 3.7%, close to the growth ManpowerGroup and Randstad reported in October, when both companies pointed to improving trends.

In the US, temporary help employment was 2,526,000 in October, up about 74,000, or 3%, on a year earlier, according to preliminary [Bureau of Labor Statistics figures](https://data.bls.gov/timeseries/CES6056132001). The number has been above its year-earlier level every month since June 2026, the first year-on-year gains since October 2022. It fell from a peak of 3,161,400 in March 2022 to 2,451,400 in December 2025.

## Permanent Placement Revenue Rose 2% Across Adecco and 36% in North America

Across the group, Adecco's permanent placement revenue rose 2% on an organic basis to €134 million, about 2% of total revenue of €5,998 million. Over the first nine months of 2026 it is still 2% lower than a year earlier. Flexible placement, the supply of temporary staff and by far Adecco's largest business, brought in €4,440 million, up 3%. Denis Machuel, Adecco's chief executive, said the company sees "encouraging developments in the market with good momentum in flexible placement, and permanent placement returning to growth."

In North America, Adecco's revenue rose 6%, every client segment grew and revenue from small and medium-sized businesses was up 22%. Adecco said growth there came from technology, healthcare and manufacturing clients. Permanent placement revenue also grew 17% in Iberia and 10% in Asia-Pacific. For the fourth quarter, Adecco said it "continues to see positive momentum in volumes".

## Adecco's Revenue in France, 18% of the Group's Total, Fell 4%

Adecco put the decline in France down to adverse market conditions. Work for logistics, professional services and healthcare clients fell, while manufacturing and aerospace were strong. The French business's EBITA margin dropped one percentage point to 3.0%, and Adecco is pulling out of some contracts there that dilute its margins. Across the rest of Europe, the Middle East and Africa, its revenue rose 8%, with Germany up 6%.

## ManpowerGroup and Randstad Each Grew About 4% in the Third Quarter

ManpowerGroup, based in Milwaukee, reported on 15 October that third-quarter revenue rose 4% to $4.8 billion, or 5% in constant currency, and adjusted earnings per share rose 24% in constant currency to $1.01. Jonas Prising, its chair and chief executive, said the results reinforce "our confidence that 2026 is an inflection point for the business" and pointed to improving demand.

Randstad, the Dutch staffing group, [reported organic revenue growth of 3.9%](https://www.randstad.com/press/2026/q3-2026-continued-top-line-momentum-drives-double-digit-profit-growth/) on 21 October, on revenue of €6,115 million. Sander van 't Noordende, its chief executive, said 75% of Randstad's business is now growing and that the company is seeing "improving October trends".

## Adecco Plans €75 Million More in Annual Savings as Its Debt Falls

Adecco's EBITA excluding one-off items rose 10% to €213 million, a margin of 3.6%, and net debt fell to 2.5 times EBITDA excluding one-offs, from 3.0 times a year earlier. The group plans €75 million of additional annual run-rate savings by the third quarter of 2027, on top of €200 million saved over the past three years.

Adecco's third-quarter results are at [adeccogroup.com](https://www.adeccogroup.com/our-group/media/press-releases/q3-2026-results).

## FAQ

**Q: What does the BLS temporary help figure measure?**
It counts all employees of US temporary help services firms, in thousands and seasonally adjusted, from the Bureau of Labor Statistics' monthly payroll survey. The September and October 2026 figures are marked preliminary.

**Q: When does Adecco report next?**
Adecco publishes its fourth-quarter and full-year 2026 results on 24 February 2027.