Global jobs market: PageGroup saw no improvement in market in September
Recruiter PageGroup has provided an insight into the difficult global jobs market, with no pick-up in September after the quieter summer months. Page said gross profits tumbled 16.7% to £201.4 million in its third quarter to the end of September, down 13.5% on a constant currency basis.
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00:00Hello, my name is Greg Wright. I'm the Deputy Business Editor of the Yorkshire Post. Here
00:06are your business headlines for today. There's further signs this morning of difficulties
00:11in the global jobs market, as the recruitment firm Page Group has issued a trading update.
00:18In the trading update, the company says there was no pick-up in activity in September after
00:23the quieter summer months. Page said gross profits tumbled to 16.7% to £201.4m in its
00:32third quarter to the end of September, which is down 13.5% on a constant currency basis.
00:39It said September remained under pressure, with gross profits down by 16%. Page said,
00:47we saw no improvement in market conditions in September, which is a key month after the
00:53seasonally quieter summer holiday period. It's an update this morning from Page, which
00:58shows again that there are issues in the global jobs market. My name is Greg Wright. I'm the
01:04Deputy Business Editor of the Yorkshire Post.