Intermedium research shows that the Federal Government ICT Labour Hire market grew significantly during the 2006-07 financial year, during a pre-election period when we might have expected a slow-down in contracting activity.
While the number of Labour Hire contracts reported by Federal agencies fell slightly during the 2006-07 financial year, the total value of the sector increased by 17%.
Reflecting the growth in this segment of the Federal market, more Labour Hire companies are moving into the top ranks of ICT suppliers. Intermedium's analysis shows 20 Labour Hire companies in the Top 100 in 2006-07 compared with 15 the previous year. In 2006-07, 5 Labour Hire companies were listed in the To 25 ICT suppliers.
Within the ranks of the Labour Hire suppliers, there were some big movers. For example, face2face Recruitment "leap-frogged" 30 places from number 50 LH supplier in 2005-06, to number 20 in 2006-07. Here Technology was ranked at number 149 in 2005-06. In 2006-07, it had jumped to number 28.