Open Position: Increased Corporate Profit Will Likely Support Industry Revenue Growth
Employment & Recruiting Agencies in California
Operators in this industry are hired by employing companies to screen prospective job candidates. While the hiring decision still belongs to the employing company, these staffing service providers simplify the hiring process. As business activity picks up, industry revenue improves. As the state economy has improved in the wake of the recession, hiring activity has rebounded. A growing number of businesses and rising corporate profit in the state has led to increased hiring efforts to support expanding operations. Over the five years to 2022, industry revenue growth is expected to decelerate, as an increase in the unemployment rate in California is expected to hinder demand for industry services.
This industry comprises operators that are engaged in listing employment vacancies, referring job applicants to potential employers and assisting companies with employee recruitment and placement. People referred or placed are not employees of the employment agencies.
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
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Randstad Holding NV
- Robert Half International Inc.
- Adecco Group AG
- LinkedIn Corp.
Methodology
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