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Research and Markets: Recruitment Agencies (Temporary & Contract) Market Report 2012

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/8vghz4/recruitment) has announced the addition of the "Recruitment Agencies (Temporary & Contract) Market Report 2012" report to their offering.

This Key Note Market Report examines the market for temporary and contract staffing recruitment in the UK. It covers businesses which recruit on behalf of clients for temporary and contract staffing positions, whether they call themselves recruitment consultancies, recruitment companies or employment agencies.

Figures from The Recruitment & Employment Confederation (REC) indicate that the UK temporary and contract staff recruitment industry resumed growth after seeing its market value contract year on year from 2008 to 2010. Compared with the previous 12 months, the number of placements in the temporary and contract staffing sector grew by 19.3% in the year ending March 2011. In the same year, the size of the market for temporary and contract staff increased by 24.2%, to a value of £22.1bn.

The three largest sectors in temporary and contract recruitment are currently industrial and blue collar; secretarial and clerical; and computing and IT. Together they represent around half of the temporary and contract recruitment market in terms of the number of placements in 2010/2011. Between the years ending March 2010 and 2011, drivers, nursing and medical staff, and hotel and catering workers saw the biggest drops in number of placements.

The economic uncertainty is a major concern for employers and, as research from the Chartered Institute of Personnel and Development (CIPD) shows, nearly half of UK organisations reduced their resourcing budgets in 2011 as a result of the current economic climate. Temporary and contract recruitment meanwhile appears to have benefited from the public-sector recruitment freeze, with hiring levels for temporary employees by public organisations rising in the first quarter of 2012.

The immediate outlook for temporary and contract recruitment is relatively positive. Key Note forecasts that the market for temporary and contract recruitment will increase by 6.2% in 2011/2012, before rising by 6.7% in the following year to reach £25bn.

Companies Mentioned:

- Adecco UK Ltd

- Allied Healthcare Group Ltd

- Cordant Group PLC

- CPL Resources PLC

- Manpower UK Ltd

- Hays PLC

- Impellam Group PLC

- Pertemps Ltd

- Staffline Group PLC

- Acorn Recruitment Ltd

- Matchtech Group PLC

- Meridian Business Support Group PLC

- Morson Group PLC

- NES Holdings Ltd

- Orion Engineering Services Ltd

- Rullion Ltd

For more information visit http://www.researchandmarkets.com/research/8vghz4/recruitment

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Personnel / Human Resources

Source: Research and Markets