Randstad sees positive signs in key markets, with increased demand for recruitment outsourcing amid uncertainty. Recruiters like Adecco and Hays note concerns over a tough job market due to global trade tensions. CEO Sander van ‘t Noordende sees stabilization in market demand, despite lingering uncertainty as the new norm.

Second quarter earnings for Randstad reach 171 million euros, exceeding analyst expectations. France experiences a slower decline in core earnings, while Germany sees a narrower core loss. Cost reductions and lower headcount contribute to improved earnings, with lower operating costs expected in the third quarter.

Randstad CEO mentions engagement with major players in the European defence sector, with recent wins in Germany, France, and Benelux. Plans for workforce cuts are not on the table, as the company focuses on savings measures. Uncertainty remains, but signs of market improvement are evident for the world’s largest employment agency.

Read more at Yahoo Finance: Recruiter Randstad flags signs of stabilization as uncertainty becomes ‘new norm’