In the year of its 50th anniversary, the World Employment Confederation, publishes its annual economic report, which contains data on an unequaled range of HR services ranging from labour market intelligence to talent acquisition and from placement to advisory services.
Key findings from the 2017 edition include:
- The employment industry contributed to creating 50 million jobs worldwide.
- The industry diversifies and now regroups 169,000 agencies and 1.5 million HR specialists.
- Managed Services Providers (MSP) and Recruitment Process Outsourcing (RPO) continue to gain acceptance and penetration as a tool for more effective recruitment.
- Agency work provide both an entry point to the labour market and a stepping stone to permanent hiring.