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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 | Aug 2014

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

IBISWorld’s Office Staffing & Temp Agencies market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$134bn
Annual Growth 09-14
7.2%
Annual Growth 14-19
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Profit
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Employment
3,034,892
Businesses
44,713
Industry Analysis & Industry Trends

Over the five years to 2014, 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 2019, the industry is expected to continue growing... purchase to read more

Industry Report - Starting a New Business Chapter

Low barriers to entry exist in the Office Staffing and Temp Agencies industry. Most states in the United States require a license to operate and in some states, a counselor's license is also required for any person who interviews, counsels or advises candidates and clients on any matter related to employment and contracts. However, day-to-day industry operations are largely self-regulated. After receiving a license from the relevant state department of labor, industry operators typically act under the American Staffing Association's Code of Ethics and Good Practices. Despite low barriers to entry, the industry does face significant barriers to success, which include competition from incumbent players and competition from large firms benefiting from economies of scale... 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 staffingAccounting and financial staffingOther staffing
 
Industry Activities
Supplying temporary staff (except farm labor)


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