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Recruiting firms expect growth

Posted on October 18th, 2013 Read time: 1 minutes

Many firms in the recruiting industry are optimistic about the future of their businesses. According to a survey from NPA, The Worldwide Recruiting Network, 86.6 percent of firms expect to see improved business conditions in the next six months. These businesses, who focus on hiring permanent and temporary workers for other companies, are expecting some of the strongest business to come from the manufacturing, construction, mining and IT industries.

Over the past 6 months, firms have had mixed experiences. The survey indicated that while 40 percent of recruitment companies improved, 21 percent had no change and 39 percent had conditions worsen in that time period. However, 68 percent responded that the market is performing at or above expectations in the past 90 days.

"The reported information was positive on where NPA members are headed and perhaps the contingent recruiting industry as a whole," said Dave Nerz, president of NPA. Increased optimism for the recruitment industry suggests that the job market is either improving overall or more companies are choosing to outsource the hiring process to professionals. Regardless of what it may be, recruiters are hopeful for a successful fourth quarter in 2013 and a positive start to the new year.

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