Industry Analysis & Industry Trends
Australia bypassed the worst of the global financial crisis and thus the effect of the crisis on the Australian Employment Placement and Recruitment Services industry was mild compared with similar industries in other countries. Unemployment rose marginally in 2008-09 and 2009-10 in Australia and quickly reversed in subsequent years, with demand for employment placement services rebounding strongly in 2010-11. Employment demand remained strong in 2011-12. This is expected to have continued through 2012-13.
IBISWorld estimates industry revenue has increases by an annualised 4.4% over the five years through 2012-13, to $3.08 billion. This includes declines in 2008-09 and 2009-10 of 4.1% and 1.4% respectively due to the global financial crisis. Revenue surged by 13.2%... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of the Employment Placement and Recruitment Services industry largely follows that of the population and economic activity, particularly business numbers. Therefore, New South Wales and Victoria dominate the geographic spread of this industry. Even relative to their share of national population and economic activity, New South Wales and Victoria account for an above-average share of industry establishments. This is largely due to the prevalence of major company head offices in Sydney and Melbourne, with many employment services firms preferring to locate offices near clients and their clients' target recruitment markets.
The mining boom has resulted in greater demand for positions in the mining sector in Western Australia and Queensland over the past decade... purchase to read more