Employment & Recruiting Agencies in Canada - Industry Market Research Report

Fully staffed: Growing corporate profit will increase the number of jobs available and will provide clients with additional cash

A growing labour market has spurred growth in revenue for Canadian recruiting agencies. The financial success of the industry is closely connected to the broader economy and the unemployment rate in Canada. Recruiters are increasingly incorporating technology to provide value to clients. As a result of favourable economic growth, revenue is expected to grow at a CAGR of 0.7% to $8.6 billion through the end of 2023, including a 7.6% increase in 2023 alone. Operators in the Employment and Recruiting Agencies industry in Canada list employment vacancies and select, refer and place job seekers into permanent employment positions. Individuals placed into these new positions are not employees of this industry’s agencies. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.