Recruitment agency industry slump would have happened anyway
Contraction of recruitment agency industry – down 17 percent since 2008 – has roots in long term drivers such as moving to hiring online and short term flexible contracts, according to new in-depth report by PeoplePerHour.com.
PeoplePerHour.com today unveiled findings from its latest Small Business Review: the second of a series of reports based on an ongoing survey of its 48,000 members and individual responses from 530 small businesses.
In 2008, job placements through jobsites (including job boards and classifieds) surpassed those made through recruitment agencies, which were hard-hit by the recession and the resulting 43 percent rise in unemployment. According to PeoplePerHour.com’s research, in 2011 the number of jobs placed online will overtake the number placed by agencies even when compared to the pre-recession boom years. To read more Click Here
Source: onrec.com