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 | Aug 2015

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

IBISWorld’s Employment & Recruiting Agencies market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Over the past five years, the nature of the industry's services has evolved through the continued use of online resources and improvements to technology. Operators have learned to harness these online resources to their advantage by implementing their own online tools, resources and employment networks for individual and corporate clients. In the next five years, the unemployment rate is forecast to steadily decline and corporate profit is expected to increase, boosting demand for industry services... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Employment and Recruiting Agencies industry is in the mature phase of its life cycle. The industry is largely cyclical and moves based on the performance of the broader economy. The industry's swift recovery in 2012 resulted in slightly higher industry volatility early on in the five-year period to 2015. During the 10 years to 2020, industry value added (IVA), the industry's contribution to the overall economy, is expected to grow at an average annual rate of 3.1%. Gross domestic product (GDP) for Canada is expected to grow at an annualized rate of 2.2% during the same period.

Typically, companies that grow faster than the broader GDP growth are not considered to be in the mature stage of their life cycle... 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 this industry's agencies.

Industry Products
Permanent search and placement servicesContract staffing servicesExecutive staffing servicesOutsourcing solutions and other
Industry Activities
Operating casting agencies or bureausProviding executive placement consulting servicesOperating nurses registries Operating employment placement agenciesOperating employment registries

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