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United States: Employment Services Industry Report

  • June 2017
  • 39 pages
  • ID: 168896
In this report:
The market's volume is expected to rise to ##,##.## thousand units by the end of 2021, representing a CAGR of ##.##% for the 2016-2021 period.
The performance of the market is forecast to decelerate, with an anticipated CAGR of ##.##% for the five-year period 2016 - 2021, which is expected to drive the market to a value of $##.##bn by the end of 2021.

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Employment Services in the United States

Brief

Employment Services in the US industry profile offers top-line qualitative and quantitative summary information containing: segment market share, market value (value and volume between 4 years (2012-2016), and outlook to 2021). The report also offers details of the top players, including main business metrics and analysis of the competitive environment within the market.

Abstract

Fundamental source for important data and analysis covering the United States employment services market. Contains industry size and segmentation information, textual and graphical study of business growth trends, dominant companies and macroeconomic data.

Main highlights

- For the purposes of this profile, the employment services market consists of temporary and contract staffing services. Temporary staffing is where agencies supply workers to clients on a temporary basis, the workers remaining employees of the agency. Search and placement is where agencies recruit workers on behalf of clients, with these workers going on to become employees of the client. The market profit is the global turnover of agencies from the provision of these services. Services including employee leasing and independent contracting are not included.

- The US employment services sector, in total, generated revenues of $132.5bn in 2016, totalling a CAGR of 3.20 percent in the timespan 2012-2016.

- Market consumption amount expanded with a compound annual growth rate of 2.50 percent in the timespan 2012-2016, to attain a total of 3,190.2 thousand units in 2016.

- One of the principal drivers for the contraction of the market is the growing penetration of job posting sites that directly connect job seekers with employees so that the dispensability of recruitment services has been increased. Markedly, 22.70 percent of LinkedIn users are located in the US, estimated at 106 million people, indicating a high penetration of such services in staff recruiting. Furthermore, the declining volume of temporary recruitment services in the newest two years and also of the whole market in 2016, are attributable to the crisis experienced by most of the US retailers which are some of the biggest buyers of such services in this sector.

Overview

- Save time operating entry-level research by identifying the size, increase, and key players in the employment services market in the USA

- Porter's five forces analysis will help you define the competitive concentration and thus the appeal of the employment services market in the USA

- Dominant company profiles show details of key employment services market actors' overall activities and financial performance

- Improve your presentations and pitches by apprehending the growth projections of the United States employment services segment with 5 years predictions by both value and volume

Purposes to acquire this study

- What was the size of the United States employment services market worth in 2016?

- What will be the size of the United States employment services market in 2021?

- What factors are influencing the force of competition in the United States employment services market?

- How has the sector performed over the final five years?

- Who are the main competitiors in the United States's employment services market?

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