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Switzerland — Unemployment reaches 3.8%
11 September 2009According to the latest statistics published by the Secretary of State for the Economy's Department (SECO), unemployment in Switzerland is up by 60.4% to 150,831 individuals in August 2009 when compared to the same month last year.
Even though Switzerland has one of the lowest unemployment rates in...
Germany — Temporary employees in demand again
11 September 2009Temporary employees were the first to suffer from the economic crisis in the country where they are far less protected from unemployment than their permanent counterparts. With the economy growing again, they are also the first to benefit, Financial Times Deutschland reports.
Christian Salge of Manpower...
UK — SThree gross profit down by -34%
11 September 2009SThree plc (STHR:LSE), the international specialist staffing business, has today issued an Interim management statement for the three months from 31 May 2009 to 30 August 2009 being the third quarter of the financial year ending 29 November 2009.
During the period the Group continued to experience...
UK — RTC dividends cancelled
11 September 2009RTC Group Plc (RTC:LSE) the recruitment, training and conferencing services specialist has today announced interim results for the six months ended 30 June 2009.
Turnover was down by 22% to 9.8 million Pounds (2008: 12.5 million Pounds).
The group incurred an operating loss of 1.2 million Pounds (2008:...
EMEA — Korn/Ferry revenues down by -43%
10 September 2009Korn/Ferry International (KFY:NYQ) (KFY:BER) the US and Berlin quoted international staffing specialists, have announced quarterly results for the period ending 31 July 2009.
In Europe, the Middle East and Africa (EMEA) Korn/Ferry reported fee revenue of $29.2 million, a decrease of $22.4 million,...
UK — Empresaria Group gross profit down by -25%
10 September 2009Empresaria Group plc (EMR:LSE), the AIM-quoted international specialist staffing company, today announces an -8% reduction in revenues from 100.6 million Pounds for the first six months of 2008 to 92.5 million Pounds for the same period this year.
Gross profit was down by -25% from 25.3 million Pounds...
Germany — Axel Springer acquires majority interest in StepStone
10 September 2009Axel Springer AG, the publishing group, has secured a majority interest in the international job portal StepStone, Oslo, by acquisition of approximately 19.3% of the shares and holds currently 52.27% of the company's equity. Furthermore, Axel Springer will extend a public takeover offer to all shareholders...
Spain — Rafael Moyano is new CFO of Adecco Spain
10 September 2009Rafael Moyano has just been appointed CFO of Adecco Spain. This development comes shortly after Thomas Rinne has been appointed new CFO of Adecco Germany.
Moyano studied Economics and Business at the Complutense university of Madrid. He also has a Master degree in Auditing and an MBA from the Instituto...
Europe - Volt delays Q3 results
10 September 2009Volt Information Sciences Inc. announced yesterday that it will delay the release of its fiscal third-quarter results and its related regulatory filing while it reviews its revenue accounting from past years.
The company, which provides information technology staffing, outsourcing and telecoms/software...
Germany — 12.6% of temporary employees need social benefits to survive
10 September 2009According to a new research report by the Institute for Labour and Qualifications (IAQ) of Duisberg-Essen University, the concept of 'Equal Pay for Equal Work' hardly ever applies for temporary workers in Germany.
In theory, temporary employees have the legal right to be paid just as much as their permanent...