Industry Analysis & Industry Trends
Over the past five years, the Employment and Recruiting Agencies industry performed well as strengthening labor markets boosted demand for recruiting and job placement services. Furthermore, rising corporate profit levels and heightened management restructuring activity increased demand for executive search services. The industry is expected to benefit from slower and increasingly stable conditions that promote revenue growth over the next five years. While the national unemployment rate is not expected to fall significantly, a stabilizing and more fluid labor market will continue to encourage businesses to engage in new hiring and restructuring... 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, which primarily offer executive search services, 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... purchase to read more