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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 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
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 - Industry Analysis Chapter

Companies in the Office Staffing and Temp Agencies industry supply businesses with workers for a limited period of time. 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. Although they are considered the official employer of temp staff, agencies do not provide direct supervision of employees at work sites.

Demand for temporary staff has become increasingly prevalent in the past five years. Many companies have been better able to manage inconsistent volumes of work through hiring temporary staff, which they are able to release when the work concludes... 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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