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Recruitment Agencies (Temporary and Contract) Market Report 2003
Key Note Publications Ltd, Jan 2003
This Key Note Market Report examines the UK market for temporary and contract recruitment, and covers organisations that recruit on behalf of clients for temporary positions. A Market Definition is provided as well as breakdown of the market size.The main competitors in this market are analysed and their companies Profiled. A Swot analysis (Strengths, Weaknesses, Opportunities and Threats) of the industry is also provided. Current issues and The Global market are considered and helpful Forecasts for the industry are provided. The major sectors covered in this report include nursing and other medical, blue collar, and secretarial and clerical.
According to the Recruitment and Employment Confederation (REC), the UK market for temporary and contract workers was worth £21.42bn in the year ending March 2003, a decrease of 5.2% on 2002. The fastest-growing market sectors have been driving, nursing and medical, and secretarial and clerical appointments. 2002 and the majority of 2003 was a difficult time for the recruitment market and its performance continues to be erratic, as many of the sectors behave unpredictably. In this way, it has been difficult for recruitment firms to plan for the future. In addition, there have been further pressures on fee rates, which has caused profitability for many firms to fall.
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