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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 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 global financial crisis and ensuing recession resulted in high industry volatility early on in the five-year period to 2014. During the 10 years to 2019, industry value added (IVA), the industry's contribution to the overall economy, is expected to grow at an average annual rate of 1.5%. Gross domestic product (GDP) for Canada is expected to grow at an annualized rate of 2.4% during the same period.

Typically, companies that trail broader GDP growth are considered to be in the decline 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 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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