In 2023, the revenue of the staffing industry worldwide totaled roughly 593 billion U.S. dollars. Following years of continuous growth, the global staffing industry revenue amounted to 442 billion U.S. dollars in 2020 due to the coronavirus (COVID-19) outbreak. The industry has been predicted to bounce back strongly, generating more revenue than before the coronavirus pandemic between 2021 and 2023.
Staffing companies
Staffing firms strive to assist organizations in finding and hiring staff, at all levels. The industry is divided into two main segments, search and recruiting - for hiring new or promoting internal staff - and temporary/agency staffing - for providing workforce to fill in vacancies for specific functions. Based on 2020 revenues, Randstad, was the leading staffing firm worldwide.
Staffing industry in the United States
The staffing industry in the United States is one of the largest worldwide and also experienced continuous growth prior to 2020, reporting a revenue of nearly 152 billion U.S. dollars in 2019. Following the COVID-19 pandemic the staffing industry market size in the United States has returned to pre-pandemic levels and much more.
Staffing industry revenue worldwide from 2008 to 2023
(in billion U.S. dollars)
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Randstad. (February 12, 2024). Staffing industry revenue worldwide from 2008 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/
Randstad. "Staffing industry revenue worldwide from 2008 to 2023 (in billion U.S. dollars)." Chart. February 12, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/
Randstad. (2024). Staffing industry revenue worldwide from 2008 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/
Randstad. "Staffing Industry Revenue Worldwide from 2008 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Feb 2024, https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/
Randstad, Staffing industry revenue worldwide from 2008 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/ (last visited December 21, 2024)
Staffing industry revenue worldwide from 2008 to 2023 (in billion U.S. dollars) [Graph], Randstad, February 12, 2024. [Online]. Available: https://www.statista.com/statistics/624116/staffing-industry-revenue-worldwide/