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Employment & Recruiting Agencies in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Employment & Recruiting Agencies Market Research Report | NAICS 56131 | Mar 2015

Hiring spree: A more stable labor market will encourage employers to engage in new hiring and restructuring

The Employment & Recruiting Agencies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 10-15
3.4%
Annual Growth 15-20
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Profit
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Employment
219,018
Businesses
21,182
Industry Analysis & Industry Trends

Over the past five years, the Employment and Recruiting Agencies industry has recovered from the onset of the recession, which crippled industry growth. As businesses experienced plunging profit margins, companies cut back on the number of staff employed in response to lower consumer demand and newly restricted budgets. In the coming years, the industry is expected to benefit from slower, yet increasingly stable conditions that promote revenue growth. Unemployment is expected to continue to fall, while corporate profit rises and companies increasingly invest in their workforces... purchase to read more

Industry Report - Industry Analysis Chapter

The Employment and Recruiting Agencies industry consists of recruiting firms that help both entry-level and experienced candidates find jobs that are most appropriate for their skill set and experience level. In addition to traditional recruiting firms, the industry includes executive search firms that specialize in recruiting upper management candidates, as well as online job listing and professional networking websites.

During the past five years, stronger corporate profit, growth in the number of new businesses and rising business sentiment have boosted revenue as operators take on new permanent staff and recruiters assist corporate expansion and restructuring... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Employment & Recruiting Agencies Industry?

This industry comprises establishments engaged in listing employment vacancies, referring job applicants to potential employers and assisting companies with employee recruitment and placement. People referred or placed are not employees of the employment agencies.

Industry Products
Permanent placement servicesExecutive search servicesTemporary staffing servicesIndependent contractor placement services
 
Industry Activities
Operating casting agencies or bureausOperating employment agencies or registriesOperating employment referral agencies or registriesProviding permanent placement servicesProviding temporary placement servicesProviding online job and resume listing services


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