Australia bypassed the worst of the global financial crisis, which has meant its effect on the Australian Employment Placement Services industry has been mild compared with its international counterparts. Australia's rise in unemployment was relatively small in 2008-09 and 2009-10, and quickly began to reverse in subsequent years, with demand for employment placement services rebounding strongly in 2010-11. Employment demand remained strong in 2011-12, and is expected to continue through 2012-13.
This industry includes personnel search, selection, referral and placement for permanent work positions. Services may be supplied to the potential employer or the prospective employee. For the employer, services can involve all aspects of the recruitment process from the formulation of job descriptions to screening and testing applicants and investigating references. Services to the employee include job-search assistance and training.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.