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UK – Survey of the Market

9 November 2015

BDO is currently surveying the state of the UK recruitment sector if you would like to take part please click here.

Sweden – NGS revenue up but profits down.

6 November 2015

NGS Group (NGS: SS), the Swedish healthcare and education staffing firm, reported revenue for the third quarter ending 30 September 2015 of SEK 126.7 million (€ 13.5 million), an increase of 4% compared with SEK 122.4 million (€13.0 million) during the same period last year.  Operating profit,...

Sweden – Retrenching pays off for Netjobs

6 November 2015

NetJobs (NJOB: STO), the Swedish job board, reported revenue for the second quarter ending 30 September 2015 of SEK 8.7 million (€920,050), an increase of 25% compared with SEK 7 million (€745,900) during the same period last year.

According to the CEO Niklas Eriksson: “Operating profit increased...

UK - Permanent placements, temp billings and salaries up but candidate numbers down

6 November 2015

October data signalled a further increase in permanent staff placements. Growth was solid and the sharpest in four months. Temporary/contract staff billings also rose at a faster pace, with the rate of expansion at a three-month high according to the latest Recruitment and Employment Confederation (REC)...

France – Chairman of Manpower receives Legion of Honour Award

6 November 2015

Jeffrey A. Joerres, Executive Chairman of ManpowerGroup has recieved a Chevalier dans l´ordre de la Légion d´Honneur (Knight in the French National Order of the Legion of Honour) from Benedict Donnelly, president of the Hermione-La Fayette Association, during a ceremony at the "Cercle National...

Netherlands – Randstad founder is richest Dutchman

6 November 2015

According to Quote magazine, the richest person in the Netherlands is Frits Goldschmeding, founder of Randstad, whose worth has increased from €3.2 billion to €4.7 billion in one year. The 47% jump in worth is attributed largely due to the value of his shares in Randstad.

Goldschmeding founded Randstad...

Japan – Altech sees profits up by a third

6 November 2015

Altech Corp. (4641.TO), the Japanese technical staffing firm, reported revenue for the nine months ending 30 September 2015 of JPY 16.62 billion (USD 136 million), an increase of 12% compared with JPY 14.77 billion (USD 121 million) during the same period last year. The company’s operating profit was...

Malaysia – Concern over Bangladeshi workers

6 November 2015

The Malaysian Trades Union Congress (MTUC) has questioned the government on the need to bring in 1.5 more million Bangladeshi workers, saying that the exercise went against its policy to have only 15% of foreigners in the labour force by 2020 according to Today Online.

MTUC secretary-general, N Gopal...

Global – Adecco announces surprise operating loss for Q3 2015 and lowers forecast

5 November 2015

 Adecco (ADEN:VTX) the worlds largest staffing firm saw revenues in Q3 2015 of €5.7 billion up 9%, or 4% in constant currency and also organically. Gross profits were €1.0 billion up 6% on a constant currency bassis, but the company also showed an operating loss of €425 million following a...

Sweden - Markets stable and challenging for Prooffice

5 November 2015

Proffice AB (PROE B:STO), the Swedish provider of staffing, recruitment and outplacement services saw revenue of SEK 964 million (€101.7 million) for the third quarter ending 30 September 2015. This was down 9% compared to the same period last year but up by 3%, adjusted for currency effects and the...