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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 2016

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

The Office Staffing & Temp Agencies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$149bn
Annual Growth 11-16
4.1%
Annual Growth 16-21
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Profit
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Employment
3,303,021
Businesses
44,272
Industry Analysis & Industry Trends

Over the five years to 2016, 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, 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 2021, 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 on a contingent basis. Temporary workers 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. Over the past five years, improvements in economic conditions and a recovering labor market have created a strong need for temporary workers, helping boost demand for industry services. Revenue growth has decelerated in recent years due to a stabilizing labor economy and weakening demand from the segment, the industry has continued to expand because of demand from the professional and technical segments... 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 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 staffingHealthcare staffingInformation technology staffingEngineering and scientific staffingProfessional and managerial staffing
 
Industry Activities
Supplying temporary staff (except farm labor)


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