Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Temporary Labor Market: Company Profile, Import/Export Scenario, Business Strategies and Emerging Market Segments | Grand View Research, Inc.

Temporary Labor Market: Company Profile, Import/Export Scenario, Business Strategies and Emerging Market Segments | Grand View Research, Inc."Grand View Research, Inc. – Market Research And Consulting."According to a new report published by Grand View Research, the market has been growing significantly, as incumbents of various industries, including construction, healthcare, logistics, information technology (IT), and telecommunications, have been deploying temporary workers on various expansion projects.

The global temporary labor market size is estimated to reach USD 673.43 billion by 2025, registering a CAGR of 6.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Soaring need to employ temporary labor to offset labor shortages while handling additional projects or during peak periods is expected to drive the temporary labor market.

Surging use of latest and advanced technologies, including augmented reality (AR) and virtual reality (VR), in recruitment processes is allowing recruiters to select best workforce. Small and medium enterprises across the world are increasingly hiring employees on temporary basis to reduce costs and provide flexible staff on an as-needed basis. This is likely to boost the growth of the market over the forecast period.

There is an increasing demand for temporary workforce required during execution phase of development programs launched by various governments. At the same time, several nations are introducing guest worker programs, which envisage allowing foreign workers to work in host nation on a temporary basis as temporary workers. For instance, in the U.S., the H-2A and H-2B programs allow farm owners to bring in low-skilled workers for agricultural and non-agricultural tasks, respectively; provided these tasks are temporary, after applying formally to the Department of Labor (DOL).

An employer is not obliged to provide retirement security, health insurance, and other compensations to temporary workers. In other words, enterprises can reduce average cost of hiring and prevent additional overhead costs from incurring by opting for temporary labor services. Moreover, organizations are free to hire temporary workers whenever they are required, for example, while handling additional projects and during peak periods. Such benefits bode well for the global temporary labor market.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/temporary-labor-market

Temporary Labor Market Report Highlights

• The management labor type segment is projected to post the highest CAGR of 11.0% during the forecast period. Intense competition is prompting organizations to hire temporary workers as part of their efforts to increase productivity, thereby propelling the market.

• The healthcare end-use segment is poised to witness the highest CAGR of 8.3% from 2019 to 2025, as increasing number of temporary workers are being deployed on healthcare programs and medical campaigns launched in various nations

• Europe will dominate the market throughout the forecast horizon. It is anticipated to reach USD 222.37 billion by 2025, owing to burgeoning popularity of online food ordering

• The key industry participants include Adecco; Allegis Group; Kelly Services, Inc.; ManpowerGroup Inc.; Randstad N.V.; Hays plc; Robert Half International Inc.; Express Services, Inc.; Westaff; and Persol Holdings Co. Ltd.

 For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/temporary-labor-market/request/rs1

Temporary Labor Market Segmentation

Grand View Research has segmented the global temporary labor market on the basis of labor type, end use, and region:

Temporary Labor Type Outlook (Revenue, USD Billion, 2014 - 2025)               

    • Unskilled                                             

    • Clerical

    • Management

    • Skilled     

    • Professional

Temporary Labor End-use Outlook (Revenue, USD Billion, 2014 - 2025)

    • Healthcare

    • Manufacturing

    • BFSI

    • FMCG & retail

    • IT

    • Construction

    • Logistics & Telecom

    • Others

Temporary Labor Regional Outlook (Revenue, USD Billion, 2014 - 2025)

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • U.K.

     • Asia Pacific

        • China

        • India

        • Japan

     • Latin America

        • Brazil

     • Middle East & Africa

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/5716/ibb

About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist - U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/temporary-labor-market


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.