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 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