Activities of employment placement agencies

NACE v2.1 Code: O78.10

About activities of employment placement agencies

NACE code 78.10 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 an essential part of the broader human resources industry, the activities described by this NACE code contribute to the efficient functioning of the economy by facilitating the employment process.

Production process

Employment placement agencies typically follow a structured process to match job seekers with suitable job opportunities. This involves activities such as screening and evaluating candidates, conducting interviews, assessing skills and qualifications, and maintaining a database of available positions and qualified applicants. Agencies may also provide additional services, such as resume preparation, career counseling, and job training, to enhance the employability of their clients.

Production inputs

The primary inputs required for the activities covered by NACE code 78.10 include a skilled and knowledgeable workforce of recruitment professionals, access to a wide network of employers and job seekers, and robust information systems to manage job postings, candidate profiles, and the matching process. Agencies may also rely on various tools and technologies, such as applicant tracking systems and online job portals, to streamline their operations and improve the efficiency of their services.

Production outputs

The main output of the activities described by NACE code 78.10 is the successful placement of job seekers in suitable employment opportunities. This, in turn, benefits both the job seekers and the employers, as it helps to address labor shortages and ensure a more efficient allocation of human resources within the economy. The outputs of employment placement agencies may also be consumed by other related NACE codes, such as 78.20 Temporary employment agency activities and 78.30 Other human resources provision, which provide complementary services in the human resources industry.

Revisions to 78.10

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 78.10. The most recent 1 version of this code (78.10) is in the NACE v2.1 system (this version):

This page shows the most recent version of code 78.10.

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

    
    

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