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Koncept Analytics Publishes New Report on Global Recruitment Market - March 2009 Edition: The report analyzes the global recruitment market, with focus on US, Canada, Germany, UK, France, China and India. It analyzes the regional market size, key trends and market forecast
Koncept Analytics Publishes New Report on Global Recruitment Market

 

NewswireToday - /newswire/ - Delhi, India, 2009/03/11 - March 2009 Edition: The report analyzes the global recruitment market, with focus on US, Canada, Germany, UK, France, China and India. It analyzes the regional market size, key trends and market forecast.

   
 
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The deteriorating global economic environment would significantly impact the recruitment market in 2009. Even in countries expecting GDP growth in 2009, the impact of the financial slowdown is restricting recruitment. A key challenge for staffing firms is dealing with the growing number of job applicants.

In the US, temporary employment declined by 76,000 jobs in January 2009, the 24th monthly reduction in temporary jobs over the last 25 months. The decline of 22.7% on a year-over-year basis was the largest decline since 1990. In Canada, employment fell by 129,000 in January 2009, driving the unemployment rate up to 7.2%. UK GDP growth is forecast to decline by 1.3% in 2009. In France too, the macro-economic environment is weakening faster than what was expected.

The publicly traded staffing companies have seen their share prices fall drastically. Analysts have downgraded the forecast earnings for these companies.

Global staffing companies feel they are in a better position than smaller companies to manage the current crisis. Smaller staffing agencies are more vulnerable to an economic recession because they depend on high margins to ensure profitability.

However, recruitment agencies remain optimistic. They are adopting techniques to manage the crisis. They are training consultants and targeting new businesses. They are also evaluating their business models and focusing on cost cutting measures. Staffing companies are trying to achieve their targets with a smaller client base.

Recruiters with better geographical as well as sector diversification are in a better position to handle the financial downturn. Recruitment companies are strengthening their position in emerging markets such as Eastern Europe, India, Latin America and Asia. The focus on these markets is becoming an integral part of their long-term strategy. The increasing penetration of temporary staffing is creating potential opportunities for staffing companies in these emerging economies.

Most recruitment agencies believe that there would be a clear picture of industry outlook after the first quarter of 2009.

The report broadly includes the following:

1. Industry Snapshot

2. Global Recruitment Market

2.1 Market Overview
2.2 Market Size
2.3 Key Trends
2.4 Market Forecast

3. United States Recruitment Market

3.1 Market Overview
3.2 Market Size
3.3 Key Trends
3.4 Competitive Landscape
3.5 Market Forecast

4. Canadian Recruitment Market

4.1 Market Overview
4.2 Key Trends
4.3 Competitive Landscape
4.4 Market Forecast

5. Germany Recruitment Market

5.1 Market Size
5.2 Key Trends
5.3 Competitive Landscape
5.4 Market Forecast

6. United Kingdom Recruitment Market

6.1 Market Overview
6.2 Key Trends
6.3 Competitive Landscape
6.4 Market Forecast

7. France Recruitment Market

7.1 Market Overview
7.2 Key Trends
7.3 Competitive Landscape
7.4 Market Forecast

8. Chinese Recruitment Market

8.1 Market Overview
8.2 Key Trends
8.3 Competitive Landscape
8.4 Market Forecast

9. Indian Recruitment Market

9.1 Market Overview
9.2 Key Trends
9.3 Competitive Landscape
9.4 Market Forecast

10. Market Outlook – Expert Opinion

11. Company Profiles

11.1 Adecco
11.2 Randstad
11.3 Manpower
11.4 Kelly Services
11.5 Allegis Group
11.6 Hays Plc

List of Tables
SIC Classification of Staffing Industry
Global Market Segmentation by Region (2007)
Global Specialist Recruitment Market by Region (2007)
Temporary Market Vs Permanent Market
Global Penetration Rate Forecast by Region (2005/25E)
Growth Forecast of Staffing Markets by Region (2005/25E)
Change in Temporary Employment in US (2008-09)
US Staffing Industry Growth by Segments (2007)
US Staffing Growth in Professional Market by Segments (2006-08)
US Recruitment Market Ranking (2007)
US Online Recruitment Market Share (2007)
Canadian Employment Figures by Sector (2008-09)
Canadian Monster Employment Index (2007-08)
UK Recruitment Market Share (2007)
Temporary Job Market: China Vs India
Online Ad Spending in China (2006/10E)
India Hiring Outlook by Sector (2008-09E)
India Hiring Outlook by Region (2008-09E)
Geographical Breakdown of Sales of Staffing Companies (2007)
Adecco - Sales Growth by Region (2008-10E)
Randstad - Sales Growth by Region (2008-10E)
Manpower - Sales Growth by Region (2007-08)
Manpower - Increasing Exposure of Permanent Recruitment (1999/07)
Efficiency Statistics of Major Global Staffing Firms (2007)
Kelly Services - Revenue by Segment (2006-08)

List of Charts
Value Chain of Staffing Industry
Global Recruitment Market Value (2001-07)
Global Recruitment Market by Region (2007)
Global Recruitment Market by Segment (2007)
Global Penetration Rate Comparison by Region (2007)
US Annual Temporary & Contract Staffing Employment (2002-07)
US Temporary and Contract Staffing Industry Sales (2002-07)
US Staffing Industry Sales by Segment (2002-07)
US Staffing Industry Breakdown (2008E)
US Temporary Staffing by Skill (2008)
US Employment Service Revenue Forecast by Type (2012)
US Job Growth Forecast by Sector (2016)
Canada - Operating Revenue of Employment Services Industry (2001-06)
Canada - Operating Revenue Breakdown by Province (2006)
Canada - Sales Breakdown by Segment (2006)
Canada - Comparison of Operating Metrics of Top 20 Firms (2006)
German Recruitment Market Size (2004-07)
German Recruitment Market Growth (2000-07)
Germany: GDP Growth Vs Staffing Growth (2001-07)
German Recruitment Market Penetration Rate (2000-07)
Employment Profiles: Germany Vs UK and France
German Recruitment Market Share
UK Recruitment Market Size (2006-08)
France GDP Growth Vs Temporary Staff Numbers (2001-07)
France Staffing Market Growth (2007-08)
French Temporary Employment Numbers (2001-07)
French Recruitment Market Penetration Rate (2002-07)
French Recruitment Market Share
Chinese Online Recruitment Market Share (2008)
Chinese Recruitment Market Forecast (2006-09E)
Chinese Online Recruitment Market Forecast (2006-09E)
Indian Recruitment Market Value (2001-06)
Indian Recruitment Market - Competitive Scenario
Largest Staffing Firms by Revenues (2007)
Adecco - Emerging Markets Sales by Geography (Q308)
Hays - UK & Ireland Sales by Specialist Activity (2008).

 
 
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Koncept Analytics Publishes New Report on Global Recruitment Market

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Publisher Contact: Vikas Gupta 
+91-120-4130959 vikas[.]konceptanalytics.com
 
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