The recruiter, Michael Page which helps the people in getting jobs in accounting, financial as well as legal fields, has put up a caution that there are chances that they are going to face a downfall in the full-year profits from the figures which they had hoped are going to be. The main reason behind this that is being cited is the poor economic situation all around the world.
The sum total of the profits of the third-quarter of the current have also gone down by a huge 11 per cent which has come to the figure of 126.5 million pounds when a comparison is done with the same phase in the year 2011. Since the debt crisis of the euro zone and also down a downfall in the parts of Africa as well as Middle east, the recruiters have now come face to face with this problem which has brought their performance down.
The fiscal services is a representative of more than n 40 per cent of the profit as well as the recruitment agency, Michael Page is now facing serious negative effects because of a slowdown in the sector of banking in the country. Since the economy world-wide is also very slow, thus the companies in the present times are also not hiring people.
Important regions such as Europe the Middle East as well as Africa that amounts to no less than 39 per cent of the profits in the group has also seen a downfall in the average of the profits which has come by 16 per cent. The profits of United Kingdom as well as the United States of America have also come down by 11 per cent as well as by 19 per cent respectively. UK represents 23 per cent and USA represents 14 per cent of the part of the income.
It was just the Asia Pacific that is a representative of the 24 per cent of the profit of the group, informed that they have experienced a high of about 3.2 per cent in comparison to the year 2011 but when compared to the second quarter, the profits were less by 1.4 per cent. Apply now with 12 month loans no fees and get quick money for your emergencies.
While giving an update on trade Steve Ingham, the chief executive reported that in the conclusion of the third quarter, the level of activity in many parts has got better. Nevertheless there are chances that the 4th quarter of the year is going to a little tough.
The sum total of the profits of the third-quarter of the current have also gone down by a huge 11 per cent which has come to the figure of 126.5 million pounds when a comparison is done with the same phase in the year 2011. Since the debt crisis of the euro zone and also down a downfall in the parts of Africa as well as Middle east, the recruiters have now come face to face with this problem which has brought their performance down.
The fiscal services is a representative of more than n 40 per cent of the profit as well as the recruitment agency, Michael Page is now facing serious negative effects because of a slowdown in the sector of banking in the country. Since the economy world-wide is also very slow, thus the companies in the present times are also not hiring people.
Important regions such as Europe the Middle East as well as Africa that amounts to no less than 39 per cent of the profits in the group has also seen a downfall in the average of the profits which has come by 16 per cent. The profits of United Kingdom as well as the United States of America have also come down by 11 per cent as well as by 19 per cent respectively. UK represents 23 per cent and USA represents 14 per cent of the part of the income.
It was just the Asia Pacific that is a representative of the 24 per cent of the profit of the group, informed that they have experienced a high of about 3.2 per cent in comparison to the year 2011 but when compared to the second quarter, the profits were less by 1.4 per cent. Apply now with 12 month loans no fees and get quick money for your emergencies.
While giving an update on trade Steve Ingham, the chief executive reported that in the conclusion of the third quarter, the level of activity in many parts has got better. Nevertheless there are chances that the 4th quarter of the year is going to a little tough.
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