WEBVTT

NOTE A leveraged bet on everyone else hiring
NOTE Narrated by Callum. Generated from public/films/voice-takes.json
NOTE by scripts/build-film-captions.mjs. Edit the narration, not this file.

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Recruitment is one of the most cyclical businesses in the country, and one of the

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easiest to start.

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Those two facts compound.

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Agency demand is a leveraged bet on everybody else hiring.

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When companies grow, agencies do well.

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When hiring stops, agency revenue falls faster than the wider economy does.

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There is no separate count of agencies in the statistics.

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They sit inside admin and support services, which opened 14.4 per cent and closed

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13.5.

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You build the count from the trade codes yourself.

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And keep permanent and temporary apart. 78109 is the perm desk. 78200 is temp.

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Different cash flow, different software, different problems.

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The best moment to reach one is just after founding.

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A recruiter who has gone alone needs a system, a website, job boards, contracts and

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insurance, all at once.

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And the date they started is public.

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One warning. Recruiters do outreach for a living. A template will not get past them.