Activities of employment placement agencies

NACE v2.1 Code: O78.1

About activities of employment placement agencies

NACE code 78.1 covers the activities of employment placement agencies, which play a crucial role in the labor market by connecting job seekers with employers. These agencies specialize in identifying and recruiting qualified candidates for various job openings, helping to bridge the gap between supply and demand in the workforce. As a key component of the broader employment services industry, the activities described by this NACE code are essential for facilitating efficient labor allocation and supporting economic growth.

Production process

Employment placement agencies typically follow a multi-step process to connect job seekers with suitable job opportunities. This includes sourcing and screening candidates, assessing their skills and qualifications, and matching them with relevant job openings. Agencies may also provide additional services such as resume preparation, interview coaching, and post-placement support to ensure a successful transition for both the employer and the employee.

Production inputs

The primary inputs required for employment placement agencies include a database of job seekers and their profiles, as well as a network of employers and job openings. Agencies also rely on skilled personnel, such as recruiters and placement specialists, who possess expertise in areas like human resources, talent management, and labor market dynamics. Additionally, agencies may utilize various tools and technologies, such as applicant tracking systems and job posting platforms, to streamline their operations.

Production outputs

The main output of employment placement agencies is the successful placement of job seekers in suitable positions. This, in turn, benefits a wide range of other NACE codes, as the agencies help to supply the workforce needed for economic activities across various industries. For example, the output of NACE code 78.1 may be consumed by 82.3 Human resources provision and management of human resources functions, 70.2 Management consultancy activities, and 84.1 Administration of the State and the economic and social policy of the community.

Revisions to 78.1

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 78.1. The most recent 1 version of this code (78.1) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 78.1.

Family tree for activities of employment placement agencies

    graph LR
    A["<a href='/classifications/nace/v2-1/O'>O: ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES</a>"]
A --> B["<a href='/classifications/nace/v2-1/O/78'>78: Employment activities</a>"]
B --> C["<a href='/classifications/nace/v2-1/O/78/1'>78.1: Activities of employment placement agencies</a>"]

    B --> D["<a href='/classifications/nace/v2-1/O/78/2'>78.2: Temporary employment agency activities and other human resource provisions</a>"]

    C --> E["<a href='/classifications/nace/v2-1/O/78/10'>78.10: Activities of employment placement agencies</a>"]


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