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Office Staffing & Temp Agencies in the US: Market Research Report

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

Office Staffing & Temp Agencies Market Research Report | NAICS 56132 | Apr 2015

Actively recruiting: Improving economic conditions and rising corporate profit will drive growth

IBISWorld’s Office Staffing & Temp Agencies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$147bn
Annual Growth 10-15
5.4%
Annual Growth 15-20
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Profit
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Employment
3,213,777
Businesses
37,884
Industry Analysis & Industry Trends

Over the five years to 2015, industry revenue has fluctuated because of strenuous labor market conditions in the United States. The onset of the recession caused many businesses to restructure operations, including downsizing staff numbers, in order to resuscitate flailing profit margins. However, the industry was quick to recover, as corporate profit rebounded and business confidence increased. More companies reduced risk with smaller commitments to staff, using temporary staff instead of permanent full-time employees. In the five years to 2020, the industry is expected to continue growing... purchase to read more

Industry Report - Industry Analysis Chapter

Companies in the Office Staffing and Temp Agencies industry supply businesses with workers on a contingent basis. Staff are generally provided to supplement existing company labor, but they remain classified as an employee of the temp agency because they are hired and paid through the agency. During the past five years, improvements in economic conditions and a recovering labor market have created a strong need for temporary workers, thereby boosting demand for industry services. As a result, industry revenue is expected to grow at an average annual rate of 5.4% in the five years to 2015... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Office Staffing & Temp Agencies Industry?

Office staffing and temp agencies supply businesses with workers for limited periods of time in order to supplement existing staff. Although temp workers remain employees of the temp agency, temp agencies do not provide direct supervision of their employees at clients’ work sites.

Industry Products
Office, clerical and administrative staffingIndustrial and factory staffingHealthcare staffingInformation technology staffingEngineering and scientific staffingProfessional service staffingTemporary to permanent placement servicesOther staffing and services
 
Industry Activities
Supplying temporary staff (except farm labor)


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