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