Industry Analysis & Industry Trends
On the job
The recession took a toll on the Online Recruitment Sites industry; demand for online job listings dropped in as companies looked to cut costs by reducing employee head count and delaying hiring decisions. However, the industry's performance will pick up over the next five years, as the unemployment rate declines and businesses look to hire again. Additionally, some firms will target the healthcare and IT markets for potential growth.
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Industry Report - Industry Investment Chapter
Capital intensity in the Online Recruitment Sites industry is low. IBISWorld estimates that, for every dollar spent on labor, only $0.12 is dedicated to capital investments. Wages are paid to a variety of employees in the industry, ranging from product developers to software engineers, so total wage costs are significant for the typical recruitment site. Capital costs include the purchase of hardware and software necessary for product development and maintenance. While these items are significant in function, their cost is relatively low when compared with the average industry salary of $37,000. IBISWorld anticipates that capital intensity will increase slightly over the next five years as technological advancements call for new capital investments... purchase to read more