This Market Intelligence Report focuses on the temporary labor marketplace in the United States from a supply chain sourcing perspective. Temporary help service includes services ranging from staffing to management of contract labor. Primarily a fragmented and fairly mature industry, temporary labor has a mixed supplier base and is growing at a medium rate. The temporary labor category serves primarily industrial, commercial, and government markets. The demand for temporary labor is generated by primary drivers including corporate profitability and economic growth. Key costs around the temporary labor category include cost of labor and benefits offered. The major trends in the temporary labor industry include increasing number of job applicants and deteriorating economic environment, among others. The risk outlook for the temporary labor industry is steady based on the macro-economic environment. Category management best practices around the temporary labor industry include strategic sourcing practices, green initiatives and international market dynamic advantages.
Starting with detailed background information to provide category context, this report provides insight into the market drivers around demand and key costs, including both historical and forecasted commodity pricing. The supply base section covers the top suppliers, including high-level overviews and market news. The report presents the NAICS category cost structure and historical, current and future pricing curves as well as average margins on a current and 5 year basis. The trend section reports new and emerging industry directions. Regulatory considerations include tariff and taxation issues and developing governmental initiatives. Risk outlooks offer a view into upstream drivers that could adversely affect the industry and category. Insights and Best Practices share winning strategies around the management and sourcing of this category.