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