Page Group has dashed any hopes of an imminent recovery in the hiring market, which is expected to weaken further.
Recruiters across the board have seen demand for their services dry up over the past year, with businesses more cautious about adding to their workforces given the economic and geopolitical uncertainty. Candidates are also concerned of being last in and therefore first out if they decide to move.
The industry had hoped for a recovery in the opening months of 2024 but that has yet to materialise, Page confirmed. “The slower end to the [final quarter of] 2023 continued into the first quarter of 2024, particularly within continental Europe,” Nicholas Kirk, chief executive of Page, said.
“Overall, activity levels remain strong, however, we experienced
