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Sweden - 10,000 jobs under threat due to Saab's looming bankruptcy

24 June 2011

The owners of Saab Automobile, Netherlands-based ‘Swedish Automobile’, which used to be known as Spyker Cars, said that Saab would be unable to pay employees' wages because it had not yet obtained the short-term funding that it was seeking, the Financial Times newspaper reports.   The news...


Ireland - Cost competitiveness report makes labour market recommendations

24 June 2011

The National Competitiveness Council (NCC) has published its latest study on the 'Costs of Doing Business in Ireland 2011'. The report evaluates Ireland's relative cost competitiveness, identifies barriers to competitiveness and sets out actions needed to improve and sustain Ireland's competitive...


UK - Pinnacle seeks re-admission to AIM

23 June 2011

Pinnacle Staffing Group Plc (PCL:LSE), the troubled healthcare recruitment firm which suspended trading of its shares on AIM earlier this month, has announced that it has been advised by Beever & Struthers, the administrator to the company's subsidiary, PHC Luton Limited, that PHC Luton's 75...


Netherlands - Employment and wages up y-o-y

23 June 2011

Employment was up by +34,000 workers in Q1 2011 compared with Q1 2010, according to the latest data published today by the Central Statistics Office (CBS).Compared with Q4 2010 seasonally adjusted employment was slightly down by -0.1% or by -7,000 workers.The year-on-year increase in employment w...


Belgium - 84% say business climate is better than six months ago

23 June 2011

84% of Belgian companies believe that the current business climate is better than it was six months ago, according to the latest research carried out by the Federation of Belgian Companies (FEB).The Federation estimates that economic growth will amount to +2.4% in 2011.One in four companies says...


France - De la Tour re-elected as Prisme President

23 June 2011

The Association of Temporary Employment Agencies and HR Services Providers (Prisme) has re-elected Arnaud de la Tour as President for the third consecutive time on the occasion of its Annual General Meeting.De la Tour's new mandate is for the duration of one year.Philippe Gobinet was re-elected a...


UK - REC welcomes new council members

23 June 2011

The Recruitment & Employment Confederation (REC) has announced its new Council members whose elections were confirmed at its Annual General Meeting yesterday.  The Council members comprise six new Corporate Directors and five Individual Directors, each of whom will serve under the Chair...


UK - Gender gap for contractors widens as rates are squeezed

23 June 2011

The average hourly rate for umbrella contractors has fallen in the last 12 months from 34.41 Pounds to 33.12 Pounds. However, contractors over 35 are typically 10 Pounds an hour better off than their younger counterparts, according to the latest Insight Index published by professional business s...


UK - On the job training instead of university due to exorbitant fees

23 June 2011

If faced with today's costs, only 40% of accountancy and finance professionals would have gone to university.   The coalition's increase of university tuition fees to 9,000 Pounds per year means the cost of doing a three year course, including fees, loans and the opportunity cost of not bei...


UK - Business optimism returns to London

23 June 2011

More London firms are hiring as normal and fewer are resorting to redundancies compared with six months ago, as companies are cautiously optimistic about business prospects, according to the latest London Business Survey published by the Confederation of British Industry (CBI) and financial serv...