PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Report Buyer Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Recruitment Agency Market Still Suffering from Recession to Decline 4.2% in 2010 Finds Report Buyer - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report
Recruitment Agency Market Still Suffering from Recession to Decline 4.2% in 2010 Finds Report Buyer

 

NewswireToday - /newswire/ - London, United Kingdom, 2010/03/04 - ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Employment/Careers/Jobsware Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

Sales Jobs & Marketing Jobs - Biz Employment, Business Jobs Search - BizJobs.com


 

The report “Recruitment Agencies (Permanent) - UK Market Report 2010” examines the permanent appointments sector of the recruitment market. It covers firms that are engaged in both general and executive permanent appointments. The recruitment industry is still reeling from the recession. From the beginning of 2008 to August/September 2009, the market was bleak for most recruitment firms, including executive search firms, as the recession forced many companies to freeze their recruitment activities in an effort to cut costs. Even as the economy begins its slow recovery, companies will remain cautious for some time to come, and will be hesitant to create new positions or replace any staff lost during the recession. The industry is now much smaller than it was before the recession, with fewer companies operating in the market; although, since September 2009, recruitment firms have noticed a slight improvement in market conditions, meaning that the worst may be over. However, the recruitment industry has a lot of ground to make up to return the market to where it was not just before the recession, but 5 years ago.

In the year ending March 2009, the value of the permanent recruitment market stood at £2.61bn, and the number of permanent placements made was 582,803. These figures represent a massive drop of 39% and 19.8%, respectively, compared with the previous 12 months. This slump in demand has been devastating for recruitment firms, and every sector of the market has been affected, especially jobs in financial services, construction, property and retailing. Some markets - such as driving and industrial/blue collar - have almost disappeared. Ironically for a recession that was largely the result of failures in the banking system, the sector to show the first signs of recovery in 2009 was banking.

The 95 page report forecasts that the value of the permanent recruitment market will decline by a further 4.2this year, but it will begin a gradual recovery thereafter. The market's value is not only dependent on the demand for new permanent staff, but also on the willingness of clients to use recruitment firms; therefore, it will also be influenced by fee rates, which are unlikely to rise in 2010, and may even be squeezed further. Unemployment is forecast to continue rising, even as the recovery begins to take off.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Employment/Careers/Jobsware Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

Sales Jobs & Marketing Jobs - Biz Employment, Business Jobs Search - BizJobs.com


 

Written by / Agency / Source: Report Buyer Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Employment/Careers/Jobsware articles,
CATCH Visitors via Your Competitors Announcements!


Recruitment Agency Market Still Suffering from Recession to Decline 4.2% in 2010 Finds Report Buyer

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: ReportBuyer.com 
+44 (0) 207 060 7474 press[.]reportbuyer.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Report Buyer Ltd securities in any jurisdiction including any other companies listed or named in this release.

Employment/Careers/Jobsware via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Report Buyer Ltd / Company Profile


Read Employment/Careers/Jobsware Most Recent Related Newswires:

The Early Impact of the Brexit Result on the UK Enterprise Software Market Revealed
Leading UK Headhunting Firm Announces Record UK Hiring Activity Despite Negative Brexit Prediction
South Carolina's Phillips Staffing Promotes Debbie Bright to Senior Recruiter
South Carolina's Phillips Staffing Names Brooke Ferguson as Director of Business Development
South Carolina's Phillips Staffing Adds Andrew Holsen as Human Resource Analyst Intern
Indeed Launches Job Spotter to Bring Crowdsourcing Power to Local Jobs
South Carolina's Phillips Staffing Promotes Chris Borke to Branch Manager in Upstate
Portland Nonprofit Holding Big Reveal Event At Frazier Museum June 9th
The Career Doctors Announce the Official Launch of Website
Phillips Staffing Launches New Website, Expands Digital Recruiting Platform and Capabilities
Phillips Staffing Hosting Major Job Fair on March 2-3 in Greenville, South Carolina
Transmosis Wins Workforce Grant from the State of Nevada Governor’s Office
Manchester Consulting Firm Gains Important New P3M3 Accreditation
Search2Hired Launches World’s First Video Resume Creator App
Still A Very Difficult Job Market for Executives According to Browning Associates

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)