Good job: Lower unemployment rates have aided industry demand, boosting revenue growth

IBISWorld’s Employment Placement and Recruitment Services in New Zealand market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

Several factors have aided the strong performance of the Employment Placement and Recruitment Services industry over the past five years. These factors have included a lower national unemployment rate, increases in the size of the total labour force, growth in the number of businesses across the economy, and greater demand for recruitment services. However, weaker business confidence is expected to partly offset industry revenue growth over the five years through 2017-18.

A lower national unemployment rate has contributed to strong demand growth for the industry’s services over the past five years. A more robust economy is expected to reduce the unemployment rate to approximately 4.8% by the end of 2017-18, from a recent peak of 6.5% in 2012-13...

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What is the Employment Placement and Recruitment Services in New Zealand industry?

The Employment Placement and Recruitment Services industry is characterised by low capital intensity. For each dollar spent on wages in 2017-18, approximately $0.06 is invested in capital plant, equipment and vehicles. Industry capital intensity has declined over the past five years, due to large increases in wages as a proportion of industry revenue and low growth in capital investment.

Labour inputs are relatively high due to the need for face-to-face interviews with prospective clients, the reading and checking of CVs, the need to meet with existing and potential client organisations, and other administrative and management requirements. Adv...

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New Zealand Special Report

Products & Brands

Major products in this industry
Full-time positions recruitment services
Part-time and casual positions recruitment services
Executive search recruitment services
Other employment services

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Major Markets

Globalisation & Trade

Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

Major Companies

Operating Conditions

Capital Intensity

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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