PageGroup sees profits tumble as September trading disappoints

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Recruiter PageGroup has revealed ongoing trading woes after the global jobs market failed to rebound as hoped in September following the quieter summer months. Conversion of interviews to accepted offers remains the most significant challenge due to reduced levels of client and candidate confidence PageGroup Page said: “We saw no improvement in market conditions in September, which is a key month after the seasonally quieter summer holiday period. “Conversion of interviews to accepted offers remains the most significant challenge due to reduced levels of client and candidate confidence.” But the firm held off from any further profit warning, saying 2024 earnings are set to be “broadly” in line with expectations. “The conversion of interviews to accepted offers remains the most significant area of challenge as the ongoing macro-economic uncertainty in the majority of our markets continues to impact candidate and client confidence negatively.” He added: “We continue to review fee earner headcount, reallocating resource in line with our strategy into the areas of the business where we see the most significant long-term structural opportunities.”