The Recruitment Market | United States

Given the fact that the global economy has recovered from the latest crisis andbusiness is booming worldwide, companies have increased their rate of hiring, leading to an increase inrecruitment vendors. The global recruitment industry is on track to grow at a CAGR of 8.6%; last year itearned revenues of USD 573.99 billion. Asia led the pack, followed by the US and UK.

The US recruitment market, which saw a contraction in the last few years due to the housing crisis, has since rebounded. Currently the market is predicted to grow at 6.2% CAGR and is set to grow at the same rate for 2017. The healthcare segment of the recruitment market is one of the fastest growing, registering an impressive CAGR of 17%.

More companies are increasingly turning to online vendors for specialized recruitment solutions. And some vendors have stepped up demand by offering their corporate clients bulk recruitment solutions. The current economic boom in the APAC region is expected to buoy this growth.

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LinkedIn Corporation

  • Country : United States
  • Turnover : USD 3 billion
  • Position : Founded in December 28, 2002, Linked In is a premiere portal for employment, recruitment, and career-oriented needs.

Monster.com

  • Country : United States
  • Turnover : USD 770 million
  • Position : An employment and recruitment website based off the U.S. offering access to millions of jobs.

Glassdoor

  • Country : United States
  • Turnover : USD 1 billion
  • Position : An online recruitment portal providing employment opportunities along with company insights, salary statistics, and peer reviews.

Adecco

  • Country : Switzerland
  • Turnover : USD 25.42 billion
  • Position : A fortune 500 company operating from Zurich that offers the largest recruitment services across the world.

ADP LLC

  • Country : United States
  • Turnover : USD 11.7 billion
  • Position : Is a former AAA-rated company that offers recruitment services along with HR management software.

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