US EditionPageGroup sees jobs market remain under pressure amid tariff uncertainty
UNITED KINGDOM, JUL 10 – PageGroup faced a 13% profit decline in Q2 due to tariff uncertainty, subdued client confidence, and reduced recruitment activity amid global economic challenges, with nearly 200 job cuts.
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The result is revealing: 48 percent of contributors prefer face-to-face work and with a growing trend 35 percent hybrid work schemes, but with an ideal attendance of 1 to 2 days a week as long as there is a purpose.This is what the AI survey and face-to-face survey concludes: the new job panorama that PageGroup developed with WeWork between 150 qualitative and 5,000 digital in Mexico, Argentina, Chile, Colombia and Peru.In it, 34 percent of resp…
Page Group profit tumbles amid job market woes
Page Group has reported a hefty decline in half-year profit as recruiters grapple with a slowdown in the jobs market and uncertainty in global trade. Gross profit fell 12.3 per cent to £389.3m year-on-year on a reported basis, with a notable 13.4 per cent decline in the UK. British firms have been grappling with tax hikes and the global uncertainty created by US tariffs, leading to some of the most challenging conditions in the job market since …
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