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UK – REC comments on HMRC response to VAT tribunal decision

27 May 2011

The Recruitment & Employment Confederation (REC) understands that HM Revenue & Customs (HMRC) has decided not to appeal the recent tribunal decision on how VAT for the provision of temporary staff should be calculated. The issue is whether the first-tier tribunal ruling sets a clear prec...


Sweden - GDP up +6.4% in Q1 2011

27 May 2011

Sweden's Gross Domestic Product (GDP) increased by +6.4% in Q1 2011 when compared with Q1 2010, according to the latest data published today by Statistics Sweden (SCB).  GDP increased by +0.8% compared with the fourth quarter of 2010. Both household consumption expenditures and general gove...


UK – Net migration increases despite cap on non-EU migration

27 May 2011

 A further rise in net migration offers the first sign of evidence that the temporary cap will do little to reduce net migration to the "tens of thousands", says the Chartered Institute of Personnel and Development (CIPD) in response to the Migration Statistics Quarterly Report pu...


Germany - GDP revised upwards but skills gap increasingly an issue

26 May 2011

Gross Domestic Product (GDP) growth for 2011 has been revised upwards from +3% to +3.5% by the German Chambers of Industry and Commerce (DIHK). In April the German government still forecast GDP growth for 2011 at +2.6%. For 2012 DIHK forecasts GDP growth of "noticeably more than +2%".Ne...


UK - Morson Group's prospects and trading in line with directors' expectations

26 May 2011

Morson Group Plc (MRN:LSE), the provider of technical engineering personnel and project design solutions, today issues the following statement ahead of the Group's Annual General Meeting held this morning. Gerry Mason, Chairman, made the following statement on current trading:"Trading i...


UK - Tribal no longer in offer discussions

26 May 2011

The board of Tribal Group Plc (TRB:LSE), the provider of technology products and services to the education, learning and training markets in the UK and internationally, has announced that it is no longer in discussions with any party regarding a potential offer for the company and has received co...


France - Unemployment falls by -0.4% in April 2011

26 May 2011

The number of category A (Unemployed) job seekers, in France, registered with job centres in April 2011 was down by -0.4% or -10,900 individuals to 2,669,100 compared with the previous month. Compared with April 2010, it was up by +0.2%, according to the latest data published by DARES on behalf o...


Switzerland - Employment up +1.6% in Q1 2011

26 May 2011

The total number of employees was up by +1.6% to 4.11 million in Q1 2011 when compared with Q1 2010. The number of workers in industry was up by +1.7% year-on-year to 1.04 million in Q1 2011. The number of workers in the services sector was up by +1.6% to 3.07 million during the same period, acco...


Europe - Eurociett welcomes European Parliament draft report on New Skills and Jobs Flagship Initiative

26 May 2011

The European Confederation of Private Employment Agencies (Eurociett) welcomes the European Parliament draft report on the New Skills and Jobs Flagship Initiative, which identifies the importance of strengthening flexicurity arrangements at national level in order to drive inclusive labour marke...


OECD Countries - Recovery underway but surrounded by risks

26 May 2011

The global recovery is firmly under way, but is taking place at different speeds across countries and regions, according to the latest Economic Outlook published by the Organisation for Economic Co-operation and Development (OECD).Historically high unemployment remains among the most pressing leg...