An employment agency's major function is to place people into
short- or long-term positions. The industry has been positively
affected by the boom in technology, the government's efforts
to get more people off welfare and into employment, the shift
from corporate paternalism to the independent portability
of employment skills, and the growing need for professionals
on short-term bases. One cannot discount the role of temporary
employment firms as a try-before-you buy means of finding
full-time employees. Employment agencies are also beginning
to offer retirement and health care benefits.
Approximately three million workers in the United States
use employment agencies to find temporary work. During the
1990s staffing services was one of the fastest growing segments
of the U.S. economy, and temp agency jobs doubled between
1994 and 2000. The financial impact of temporary placement
services is evidenced by Adecco, the world's largest providers
of temp workers, which posted revenues of $18.2 billion
in 2002. By the early 2000s, nearly one in six young workers
was expected to use an employment agency before the age
of 35.
Employment agencies are susceptible to changes in the economy.
In a strong economy, with low unemployment rates, candidate
numbers tend to be lower, but many businesses come knocking,
in need of help to identify high quality employees in a
tight job market. Agencies may even have difficulty filling
a customer's request for employees. When the economy slumps,
however, the number of people looking for work increases,
and candidates flood the employment offices in search of
work. With so many available workers vying for so few new
jobs, in a recessive economy employment agencies tend to
find themselves with too many potential employees and not
enough business clients.
Hotel Maintaineance in a profitable maneer is continues
to be a major challenge as competition drives standards
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making accurate information and educated Hotel Lodging staff
is essential for success.