Industry Analysis & Industry Trends
Over the past five years, operators in the Employment and Recruiting Agencies industry have had to contend with the recession's lingering effects, which have a induced a decline in the number of available positions for job seekers. The industry has evolved through the continued use of online resources and improvements to technology. In the five years to 2019, industry operators are anticipated to benefit from an improved labour market.
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Industry Report - Industry Key Buyers Chapter
The Employment and Recruiting Agencies industry has a low level of market share concentration. In 2014, IBISWorld estimates that the top four firms will account for 26.5% of total industry revenue. The industry is relatively fragmented, with 42.8% of enterprises operating as nonemployers and 76.5% of operators having fewer than 10 salaried employees. These small operators tend to focus on a particular province, or even a particular industry within a province. During the past five years, IBISWorld estimates that industry concentration has risen slightly as a result of acquisition activity. For example, major operator Randstad acquired SFN Group in 2011, while Adecco Group acquired MPS Group and Drake Beam Morin in 2009 and 2011... purchase to read more