
The trend of consolidation in staffing industry is increasing especially in fragmented markets due to several factors. In 2013, especially the first half, a declining trend continued to be registered across the world leading to a fall in labor force participation rate. However, since Q4 2013, a slow revival is being registered in employment rate across the globe, especially the US, the UK, India, Japan, etc. The EU region continues to struggle with its economic revival, especially France, Spain, Greece, among others. Income growth has also come under pressure from rising unemployment, putting downward pressure on real wages in many advanced economies. Complete report available at http://www.marketreportsonline.com/400713.html