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What is the Market Doing?

We are all aware that the world and our economy has changed but what has that meant in the world of Recruitment according to Chase & Holland?

There is no short answer to this, but between the initial lock down and 20th April, our market almost completely collapsed with next to no activity. As many businesses we furloughed the majority of our work force in order to protect our peoples long term future. At Chase & Holland we were lucky enough to have great technology and infrastructure in place so we could protect the health of our staff as best as possible, but the business was just not their hence having to furlough most of our people.

I am please to say that since the 20th April we have seen an up turn in demand (by no means back to normal). It has actually been quite exciting working with clients and candidates who are adapting to new methods and practices in recruitment and watching many innovate to a new normal.

In answer to what is the market doing? It is innovating and doing what it needs to do and that is recruitment at a reduced level currently. However at Chase & Holland, we are delighted to say we are busy enough now to have started the process of taking consultants out of furlough and returning back to work.

I don’t think anyone can ignore the impact we are all seeing and feeling, but I am optimistic that at least the economy is starting its engines again and hopefully with some real learning from the last 2 months.