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Employment & Recruiting Agencies in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Employment & Recruiting Agencies in Canada Market Research Report | NAICS 56131CA | Jun 2014

Now hiring: Gradual improvements in the labour market will boost demand for industry placement services

IBISWorld’s Employment & Recruiting 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
Industry Statistics & Market Size
Revenue
$519m
Annual Growth 09-14
-0.4%
Annual Growth 14-19
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Profit
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Employment
7,840
Businesses
3,367
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 Investment Chapter

The Employment and Recruiting Agencies industry has a very low level of capital intensity. The industry requires a high level of personal interaction between its workforce and clients; as a result, labour is estimated to account for 64.6% of total industry revenue. Conversely, the industry requires essentially no investment in machinery, aside from basic telephone and computer access. Operators use standard office equipment such as computers and database software to keep track of potential employment candidates and opportunities. Additionally, new technology has not significantly increased capital investment, since the industry houses much of its software and records via remote services and in-office paper databases... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Employment & Recruiting Agencies Industry?

Operators in this industry list employment vacancies and select, refer and place job seekers into permanent or temporary employment positions. Individuals placed into these new positions are not employees of the placement agencies.

Industry Products
Permanent search and placement servicesTemporary staffing servicesContract staffing servicesOther services
 
Industry Activities
Operating casting agencies or bureausProviding executive placement consulting servicesOperating nurses registries Operating employment placement agenciesOperating employment registries


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