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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 | Feb 2016

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

IBISWorld’s Office Staffing & Temp Agencies market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$151bn
Annual Growth 11-16
4.4%
Annual Growth 16-21
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Profit
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Employment
3,398,409
Businesses
41,461
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 Key Buyers Chapter

The Office Staffing and Temp Agencies industry is highly fragmented, with the top four companies expected to account for less than 15.0% of the industry and no single company representing more than a 5.0% share of the market. A large proportion of the industry is made up of nonemployers and independent contractors who provide their services to niche sectors, verticals or particular geographic regions. In fact, nonemployers account for almost two-thirds of all enterprises, although they are expected to generate less than 1.0% of total industry revenue in 2016. Conversely, temp agencies with more than 1,000 temporary workers on their payroll represent just 0.1% of all enterprises, but generate more than one-third of all industry revenue... 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 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 staffingHealthcare staffingInformation technology staffingEngineering and scientific staffingProfessional and managerial staffing
 
Industry Activities
Supplying temporary staff (except farm labor)


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