Industry Analysis & Industry Trends
The recession had a particularly negative effect on employment and recruiting agencies, with high unemployment rates dampening demand. As a result, agencies have been using competitive-pricing tactics to gain new clients and retain existing ones. This factor led to a decline in profit during the recession, but improving demand is expected to boost margins... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of the industry largely reflects the distribution of population and economic activity. Furthermore, the amount of revenue generated in each region largely reflects the number of establishments within the respective regions. However, the West, Mid-Atlantic and New England regions generate slightly more revenue per establishment than the national average. This is due to the high-value positions that are located within these regions, which typically garner higher fees.
The Southeast region is home to 21.1% of industry establishments, making it a major region for the Employment & Recruiting Agencies industry. This percentage is largely in line with the region's share of the total United States population, which is 25.4%... purchase to read more