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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 | Apr 2016

Now hiring: Gradual improvements in the labour market will boost demand for 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
$612m
Annual Growth 11-16
4.1%
Annual Growth 16-21
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Profit
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Employment
11,339
Businesses
3,964
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 Key Buyers Chapter

The Employment and Recruiting Agencies industry has a low level of market share concentration. In 2016, IBISWorld estimates that its major companies will account for 33.7% of total industry revenue. The industry is relatively fragmented aside from the major players, Randstad Holding, Adecco Group and ManpowerGroup, representing a significant portion of the industry's recruitment activity. The remainder of the industry's small operators tend to focus on employee placement within 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... 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 servicesOutsourcing solutions and otherExecutive staffing services
 
Industry Activities
Operating casting agencies or bureausProviding executive placement and consulting servicesOperating nurse registries Operating employment placement agenciesOperating employment registries


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