Employment Services - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry group comprises establishments primarily engaged in one of the following: (1) listing employment vacancies and referring or placing applicants for employment; (2) providing executive search, recruitment, and placement services; (3) supplying workers to clients businesses for limited periods of time to supplement the working force of the client; or (4) providing human resources and human resource management services to client businesses and households.Source: U.S. Census Bureau
Employment Services Market Size
This report includes historical and forecasted market sizes and industry trends for Employment Services. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Employment Services industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Employment Services industry.
Geographic Breakdown by U.S. State
Employment Services market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Employment Services companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Employment Services |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Employment Services company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Employment Services industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| Temporary staffing services | ||
| Co-employment services | ||
| Co-employment services with payroll, benefit, & human resource 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) | ||
| Permanent (direct employee) placement services | ||
| Other temporary staffing services | ||
Compensation and Salary Surveys
Salary information for employees working in the Employment Services industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 2% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 18% | |||
| Other Office and Administrative Support Workers | 5% | |||
| Production Occupations | 21% | |||
| Assemblers and Fabricators | 7% | |||
| Miscellaneous Assemblers and Fabricators | 6% | |||
| Assemblers and Fabricators, All Other, Including Team Assemblers | 6% | |||
| Other Production Occupations | 10% | |||
| Miscellaneous Production Workers | 6% | |||
| Transportation and Material Moving Occupations | 23% | |||
| Material Moving Workers | 22% | |||
| Laborers and Material Movers, Hand | 20% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 16% | |||
Government Contracts
The federal government spent an annual total of $857,669,417 on the Employment Services industry. It has awarded 14,255 contracts to 721 companies, with an average value of $1,189,555 per company.Top Companies in Employment Services and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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