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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 | Dec 2015

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
$564m
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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Employment
11,076
Businesses
3,978
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 - Starting a New Business Chapter

The Employment and Recruiting Agencies industry has relatively low barriers to entry. In terms of regulations, employment agencies must be licenced in accordance with specific provincial regulations. In Alberta, for example, all employment agencies must be licensed in accordance with the Fair Trading Act. However, the licensing process typically only requires a basic application and licensing fee that ranges in cost depending on the size and international footprint of the agency. The licence allows the agency to charge clients for the provision of its services, which are cosigned by the provincial governing body as being legitimate. In addition, the industry has a very low level of capital intensity... 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 nurses registries Operating employment placement agenciesOperating employment registries


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