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 Products Chapter
The Office Staffing and Temp Agencies industry primarily provides staff to a range of sectors; therefore, industry revenue is divided into the occupation types of supplied staff. Much of this relates to firms seeking to cover temporary staff vacancies or to meet an unexpected and temporary increase in demand or workload. Additionally, the industry generates an estimated 2.0% of revenue from providing temporary to permanent staff placement services.
Industrial and factory staffing
Industrial and factory staffing is estimated to account for 23.2% of revenue in 2014. Temporary staff are required for these roles to meet changes in seasonal demand. Advancements in just-in-time (JIT) manufacturing processes can also lead to short-term increases in demand for labor... purchase to read more