Industry Analysis & Industry Trends
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. Over the five years to 2014, the industry has fluctuated because of strenuous labor market conditions in the United States. However, the industry quickly recovered as corporate profit rebounded and business confidence increased. Going forward, the industry is poised to continue performing well due to improving macroeconomic conditions... 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 in the industry accounting for only about 11.4% of market share. A large proportion of the industry is made up of nonemploying firms that cater to niche areas or particular geographic regions. Meanwhile, the largest players in the industry are multinational firms that have operations across the United States, Europe and Asia. The industry's largest players, Randstad Holding nv and Addeco SA, are based abroad and US operations represent only part of their business.
During the past five years, the industry has becoming increasingly concentrated... purchase to read more