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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

IBISWorld’s Office Staffing & Temp Agencies market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
Annual Growth
Industry Threats & Opportunities
  • Sustained demand for temporary staff from the professional services sector has helped the industry move forward
  • Temp hiring within the healthcare market has become a key driver of industry growth
  • Temporary staffs are increasingly becoming a permanent fixture in corporate strategies
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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 Key Buyers Chapter

The Office Staffing and Temp Agencies industry is highly fragmented, with the top four companies expected to account for less than 15.0% of the industry and no single company representing more than a 5.0% share of the market. A large proportion of the industry is made up of nonemployers and independent contractors who provide their services to niche sectors, verticals or particular geographic regions. In fact, nonemployers account for almost two-thirds of all enterprises, although they are expected to generate less than 1.0% of total industry revenue in 2016. Conversely, temp agencies with more than 1,000 temporary workers on their payroll represent just 0.1% of all enterprises, but generate more than 60.0% of all industry revenue.

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Additional Insights for the Office Staffing & Temp Agencies Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Office Staffing & Temp Agencies Industry are

  • Having a good reputation
  • Must have license
  • Access to multiskilled and flexible workforce
  • IBISWorld analysts also discuss how external factors such as Number of temporary employees and National unemployment rate in the Office Staffing & Temp Agencies industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    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)

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of temporary employees
  • National unemployment rate
  • Corporate profit
  • Demand from construction
  • Demand from professional, scientific and technical services
  • Current Performance
  • The postrecession labor market
  • Recent developments
  • Industry structure
  • Chart: Revenue Growth
  • Industry Outlook
  • Stabilizing labor market
  • Business trends evolve
  • Industry structure
  • Table: Office Staffing & Temp Agencies Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Office Staffing & Temp Agencies Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Mining
  • Wholesale Trade
  • Retail Trade
  • Professional, Scientific and Technical Services
  • Professional Employer Organizations
  • Healthcare and Social Assistance
  • IT Consulting
  • Key Selling Industries
  • Commercial Leasing
  • Computer Stores
  • IT Consulting
  • Office Supply Stores
  • Wired Telecommunications Carriers
  • Products & Services
  • Industrial staffing
  • Office, clerical and administrative staffing
  • Professional and managerial staffing
  • Healthcare staffing
  • Information technology staffing
  • Other
  • Engineering and scientific staffing
  • Chart: Office Staffing & Temp Agencies Industry Products and Services Segmentation
  • Demand Determinants
  • External industry competition
  • Short-term labor demand and the unemployment rate
  • Changes in technology, systems and lifestyles
  • Major Markets
  • Industrial
  • Retail and other service-oriented sectors
  • Other professional markets
  • Technical sectors
  • Healthcare
  • Other
  • Chart: Major Market Segmentation for the Office Staffing & Temp Agencies Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Office Staffing & Temp Agencies
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Office Staffing & Temp Agencies Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Office Staffing & Temp Agencies Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Office Staffing & Temp Agencies Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Unemployment % (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    American Staffing Association (Asa)
  • An industry association that represents the US staffing industry.
  • Evaluation-To-Hire
  • The process of hiring temporary staff and evaluating them to consider full-time employment.
  • Just-In-Time (Jit)
  • A strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.
  • Penetration Rate
  • The percentage of the total labor force that is made up of temporary workers.
  • Temp
  • An abbreviated term for a temporary worker, who are hired on day-to-day or contracted bases.
  • Tenure
  • The duration of time that an employee works with a temporary staffing firm
  • Turnover
  • The rate at which outgoing (old) employees are replaced by incoming (new) employees within an industry; measured as a percentage

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Office Staffing & Temp Agencies:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Office Staffing & Temp Agencies market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Office Staffing & Temp Agencies, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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