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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - 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; however, the process only requires a basic application and licensing fee that is typically between two and three hundred dollars. The licence allows the business to charge for the provision of its services. In addition, the industry has a very low level of capital intensity. New entrants could provide services from a home office with little more than computer and telephone access.

Furthermore, the industry has a low level of market share concentration as a result of the ease with which companies may enter and exit the industry... 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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