$274.5bn
$XX.Xbn
4m
49,122
$XXX.Xbn
Office staffing and temp agencies have grown because of a burgeoning US labor market. According to the Bureau of Labor Statistics (BLS), the US economy added 272,000 new jobs on average in May 2024, with notable growth in health care, social assistance, financial activities and wholesale trade sectors. As inflationary concerns lingered, job growth remained positive throughout the economy. So industry-wide revenue has been increasing at a CAGR of 3.1% over the past five years, including an estimated 10.6% in 2024, totaling $274.6 billion in 2024. In the same year, profit will remain at 5.4% of industry revenue.
Industry revenue has grown at a CAGR of 3.1 % over the past five years, to reach an estimated $274.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Allegis Group, Inc. | 5,160.4 | 3,509.0 | 68.0 | |
Manpowergroup Inc. | 3,970.5 | 92.1 | 2.3 | |
Kelly Services Inc. | 3,769.4 | 35.4 | 0.9 |
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Industry revenue is measured across several distinct product and services lines, including Office, clerical and administrative staffing, Industrial staffing and Healthcare staffing. Office, clerical and administrative staffing is the largest segment of the Office Staffing & Temp Agencies in the US.
Industrial staffing is a significant sector
Office staffing and temp agencies supply businesses with workers for limited periods to supplement existing staff. Although temp workers remain employees of the temp agency, temp agencies do not provide direct supervision of their employees at clients’ work sites.
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NAICS 56132 - Office Staffing & Temp Agencies in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The success of office staffing and temp agencies is closely tied to the economy's health, with demand rising in strong economies. However, ongoing inflation and a weaker labo...
Learn about an industry's products and services, markets and trends in international trade.
Industrial staffing is crucial for manufacturing and logistics, leveraging temp workers for seasonal shifts and cost management. Meanwhile, healthcare and IT staffing are gro...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
States like Florida and Georgia in the Southeast provide incentives for business services and job creation initiatives. These programs encourage the growth of staffing agenci...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Ensuring client satisfaction requires high service levels and flexible solutions. Office staffing and temp agencies stay competitive by effectively evaluating and training te...
Learn about the performance of the top companies in the industry.
Allegis Group has a global presence and operates in numerous countries. The company leverages tech advancements and innovative methods to enhance hiring and talent-sourcing p...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Department of Labor issues licenses and enforces federal laws to ensure workers' rights. It regulates working conditions, fights employment discrimination and administers...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Office staffing and temp agencies are especially sensitive to economic changes. Factors like the unemployment rate, employee turnover and demand for temporary labor significa...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Office Staffing & Temp Agencies in the US industry in United States is $274.5bn in 2024.
There are 49,122 businesses in the Office Staffing & Temp Agencies in the US industry in United States, which has grown at a CAGR of 2.8 % between 2019 and 2024.
The market size of the Office Staffing & Temp Agencies in the US industry in United States has been growing at a CAGR of 3.1 % between 2019 and 2024.
Over the next five years, the Office Staffing & Temp Agencies in the US industry in United States is expected to grow.
The biggest companies operating in the Office Staffing & Temp Agencies market in United States are Allegis Group, Inc., Manpowergroup Inc. and Kelly Services Inc.
Supplying temporary staff (except farm labor) and are part of the Office Staffing & Temp Agencies in the US industry.
The company holding the most market share in United States is Allegis Group, Inc..
The level of competition is high and increasing in the Office Staffing & Temp Agencies in the US industry in United States.