Employment agencies are providing recruiting, staffing and human resource functions to employers and candidates for decades. However, in recent times new recruiting trends are emerging due to advancement in the Information Technology and their related fields. The emergence of social media is also changing the landscape for hiring manager and the Human Resource (HR) departments of the organizations the world over. The traditional employment agencies have been effected by the financial crisis of late 2000’s that is considered by majority of economists to be the worst ever since the Great Depression of the 1930’s.
There emerged significant work changes and as per the estimates of the United States Department of Labor, the recruiting industry will increase by more than 50% by 2014. There has been an increase in the skilled professionals searching job listings by using job search engines and recruitment websites and other top job sites to find a new career opportunity and to post their resumes. Even though, this trend has changed the dynamics of the recruiting industry, the traditional brick and mortar employment agencies are still a major resource for companies that need to locate for top talent in their specific fields or discipline within their business sectors.