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World - Growth in emerging markets redefines global economic structure

18 May 2011

By 2025, six major emerging economies, Brazil, China, India, Indonesia, South Korea, and Russia, will account for more than half of all global growth, and the international monetary system will likely no longer be dominated by a single currency, a new World Bank report says. As economic power shi...


Germany - Economic sentiment slightly dampened

18 May 2011

The Indicator of Economic Sentiment for Germany published by the Centre for European Economic Research (ZEW) has dropped by -4.5 points in May 2011. The indicator now stands at 3.1 points. This value is below the indicator's historical average of 26.5 points. At the same time, the assessment of t...


Spain - GDP up +0.8%, labour force leaner and meaner

18 May 2011

Gross Domestic Product (GDP) was up by +0.8% in Q1 2011 when compared with Q1 2010. Quarter-on-quarter, GDP was up by +0.3% in Q1 2011 when compared with Q4 2010, according to the latest data published by the National Institute for Statistics (INE).Domestic consumption actually reduced GDP by -0....


UK - Robust enforcement needed to ensure immigration system works

18 May 2011

The House of Commons Public Accounts Committee has published its report on the Points Based System (PBS) for immigration. The report is based on evidence given by the Home Office and UK Border Agency (UKBA) and examines the management of the PBS work routes.  Much of the report focuses on t...


UK - APSCo elects Rookes as new Chairman

18 May 2011

The new Executive Committee of the Association of Professional Staffing Companies (APSCo) has elected Stephen Rookes, Group Commercial & Legal Director of NES Group, as its new Chairman. Uzair Bawany, Group Managing Director of Contact Recruitment has been re-elected as Deputy Chairman.Stephe...


UK - Fusion People acquire Redwood

17 May 2011

Privately owned recruitment group Fusion People has acquired London-based Redwood Professionals, the specialist recruitment services organisation providing temporary and permanent staff via individually branded agencies across a number of sectors including Steel, Publishing and Engineering.Paul M...


Germany - The war for talent is on

17 May 2011

The number of agency temporary employees fell by -1.5% to 860,000 in March 2011 when compared with February 2011 despite increased demand in the marketplace, according to the latest Temporary Employment Index published by the Institute of the German Economy (IW) on behalf of the Association of Te...


Netherlands – Agency employment up +8%

17 May 2011

In weeks 13 to 16 of 2011, the total number of hours worked by agency temporary employees increased by +8% and turnover generated by temporary employment agencies grew equally by +8%, compared with the same period last year, according to the latest statistics released today by the Association of...


Germany - Temporary employment still suffers image problems

17 May 2011

97.6% of German employees say that performance related pay is their most important criterion when choosing an employer followed by ‘an interesting job’ with 91.4%. Professional training ranks in third place with 85.9% followed by a company pension with 85%. A company canteen and a company nursery...


UK - Radical reforms for parental leave and flexible working

17 May 2011

The government has launched a consultation on plans to introduce a new system of flexible parental leave from 2015 as part of its plans to create a modern workplace for the modern economy. The government believes that current regulations are too rigid, reflect outdated notions of parenting and fa...