Industry Analysis & Industry Trends
The Temporary Staff Services industry provides skilled and unskilled labour to client companies, usually on a short-term basis. Demand for these staffing services is influenced by several factors. The national unemployment rate affects industry demand, with higher unemployment generally limiting demand growth for temporary staff supplied by industry firms. Additionally, business outsourcing influences demand, with greater outsourcing generally having a positive effect on the industry. The performance of client industries also affects the Temporary Staff Services industry, with stronger growth in downstream sectors contributing to industry growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which the top players dominate an industry. The top four operators in the Temporary Staff Services industry account for less than 22% of total industry market share in 2015-16. This indicates the industry has a low concentration level and that the largest firms have limited influence on industry pricing. Concentration has remained steady over the past five years, with organic growth and acquisitions by some companies being offset by revenue declines for other companies.
The industry includes a large number of small firms. A small number of medium-size companies operate in the industry, which tend to provide temporary staff services in a particular geographic region or supply workers to niche industries... purchase to read more