Professional staffing in the U.S. - Statistics & Facts

In 2017, the global staffing industry revenue amounted to 461 billion U.S. dollars and is projected to reach about 464 billion U.S. dollars by 2018. Temporary staffing is a service segment of the staffing industry providing temporary help and related staffing services to businesses and, professional staffing is a segment of temporary staffing. In 2016, annual temporary and contract staffing employment amounted to around 14.5 million with the staffing and recruiting industry sales for that year standing at around 150 billion U.S. dollars.

Professional staffing includes workers in IT/technical, engineering, accounting and finance, legal, sales and marketing, and managerial functions, among others. Robert Half International is currently the world’s leading professional staffing company in terms of market capitalization and generated net service revenue of around 5.25 billion U.S. dollars in 2016. The industry for professional staffing also includes some of the leading IT staffing firms in the U.S., such as On Assignment Inc., Insight Global, and Kforce Inc. The United States has the majority market share of the global staffing industry and On Assignment currently accounts for a 6 percent market share of the leading IT staffing firms in the U.S.

In 2016, On Assignment’s cost of services amounted to over 1.6 billion U.S. dollars. In that same year, Kforce generated net income of over 32 million U.S. dollars. Some of the leading trends for staffing firms in recruiting for professional roles worldwide include the utilization of social and professional networks, finding better ways to source passive candidates, as well as building communities or a pipeline of talents. In 2017, IT staffing alone experienced a total of 41 merger and acquisition deals, the highest in the staffing industry for that period.

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