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 Products Chapter
The Office Staffing and Temp Agencies industry provides temporary staff to a range of sectors; therefore, industry revenue is divided into the occupation types of supplied staff. Much of this relates to operators seeking to cover temporary staff vacancies or to meet an unexpected and temporary increase in demand or workload. In addition to temporary staffing services, the industry generates an estimated 7.5% of revenue from providing temporary-to-permanent staffing, permanent placement, outplacement and other employment-related services.
Industrial staffing is estimated to account for 34.2% of revenue in 2016... purchase to read more