The white-collar recruitment organization, Michael Page International, waved off the tensions related towards the double-dip recession and marked an inclination in the demand for enduring staff.
Michael Page which is the UK's second-largest recruiting group expressed that the appointing bustle had augmented in the banking, sales, retail and legal professions, boosting up its second-quarter profits by a third. The ricochet was the sturdiest in the Asia-Pacific and the Americas regions.
According to Steve Ingham, chief executive, it's not going where it is been expected, however the market is gradually getting better around the globe, not only in banking but in all the domains.
He further added that the people for sure are keeping a watch on the economy and there is a lot of blended news, but the same is not crafting any impact on them yet. Most of the people are assuming that if they want to shift jobs, they should.
Comparing with the peer recruitment groups like Hays and Robert Walters who have also recorded a buck in the jobs market after a year where the profits plunged down as groups shoved off the staff to save costs.
Michael Page expressed that the gross profit in the second quarter of 2010 for the company inclined by 33 per cent to £111.5m on a yearly basis by 14 per cent elevation than the previous quarter.