Employment placement agencies' revenue is forecast to grow at a compound annual rate of 2.7% to £18.8 billion over the five years through 2023-24. Unemployment fell consistently in the eight years through 2019-20, with hiring activity plentiful – boosting the need for placement services.Good job: Industry revenue is expected to rise in 2023-24 as vacancies remain high
Agencies in this industry list employment vacancies, refer applicants to jobs, or directly place them in permanent employment. Individuals referred or placed are not employees of the employment agency. The operations of online placement agencies fall under the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Methodology
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