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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

The Employment & Recruiting Agencies market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Starting a New Business Chapter

The Employment and Recruiting Agencies industry has relatively low barriers to entry. In terms of regulations, employment agencies must adhere to 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 nurse registries Operating employment placement agenciesOperating employment registries


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