2024 Temp Agencies & Staffing Services Industry Statistics Report

Temp Agencies & Staffing Services - Market Size and Industry Forecast

The 2024 Temp Agencies and Staffing Services Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the Temp Agencies & Staffing Services industry.

Market Size (Total Revenue)


% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Temp Agencies & Staffing Services - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Temp Agencies & Staffing Services companies in the United States.

Temp Agencies & Staffing Services Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesTemp Agencies & Staffing Services
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Temp Agencies & Staffing Services - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Temp Agencies & Staffing Services - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Temp Agencies & Staffing Services - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)
Industry total


Temporary staffing services
Temporary staffing services - industrial/trades staff
Temporary staffing services - office/clerical & admin sup staff
Temporary staffing services - health care staff
Temporary staffing - information technology (it)
Other temporary staffing services
Temporary staffing services - engineering staff
Temporary staffing services - accounting/financial staff
Temporary staffing-to-permanent placement services

Temp Agencies & Staffing Services - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations1%


Chief Executives0%
General and Operations Managers0%
Office and Administrative Support Occupations17%
Other Office and Administrative Support Workers6%
Production Occupations23%
Assemblers and Fabricators8%
Miscellaneous Assemblers and Fabricators7%
Assemblers and Fabricators, All Other, Including Team Assemblers7%
Other Production Occupations11%
Miscellaneous Production Workers7%
Transportation and Material Moving Occupations25%
Material Moving Workers24%
Laborers and Material Movers, Hand22%
Laborers and Freight, Stock, and Material Movers, Hand17%

Government Contracts

In the past, the federal government spent an annual total of $810,426,599 on the temp agencies & staffing services industry. It has awarded 13,877 contracts to 636 companies, with an average value of $1,274,256 per company.

Temp Agencies & Staffing Services and Adjacent Industries - Top Companies

($ Millions)


Temp Agencies & Staffing Services Industry Research
GeographyUnited States  
Publication DateJuly 2024
Report FormatPDF Download  PDF

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