Temp work falls sharply as Monaco's big builds wind down
By Alexandre Morel, MonacoViews Editorial
New IMSEE figures show Monaco's administrative and support services sector shed 12.4% of its workforce in 2025, driven by a steep drop in temp agency activity.
The completion of Monaco's major construction programmes has left a visible mark on the Principality's labour market. Official data from IMSEE shows that the administrative and support services sector, which includes temporary employment agencies, contracted by 12.4% over the course of 2025, the sharpest single-year fall recorded for a sector that still ranks as Monaco's largest private employer.
The decline is directly tied to the winding down of the large infrastructure and development projects that sustained high demand for temporary workers through the early 2020s. With those sites now closed or in their final phases, agencies have seen assignment volumes fall significantly, pulling down the broader headcount figures for the sector.
For residents and property owners tracking Monaco's economic pulse, the data points to a labour market in transition rather than distress. Other private sectors continue to perform, and the IMSEE release makes clear that administrative and support services retain their top position despite the contraction. The question for 2026 is whether new construction cycles, or growth elsewhere in the economy, will absorb the shortfall.