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Finland - Wages and salaries up by +5.8% in March to May 2011

12 July 2011

 The total sum of wages and salaries of the whole economy was +5.8% higher during the period from March to May 2011 than during the same period last year. In May alone, the sum of wages and salaries of the whole economy grew by +7.3% year-on-year. In the March to May period of 2010, the wag...


UK - Economic recovery remains fragile in Q2 2011

12 July 2011

The latest Quarterly Economic Survey (QES), published by the British Chambers of Commerce (BCC), suggests that economic growth in the UK remains weak. The survey results, combining 6,600 responses from businesses across the UK, are likely to have been negatively affected by the reduced number of...


Austria - Tax on labour and entrepreneurship too high, says OECD

12 July 2011

Austria should seize the opportunity provided by its robust, export-led recovery to strengthen reforms and reinforce domestic drivers of economic growth, according to a new report published by the Organisation for Economic Co-operation and Development (OECD).The 'Economic Survey of Austria' says...


UK - Michael Page's profits driven strongly by overseas business and permanent placements

11 July 2011

Group gross profit was up by +32.4% from 111.7 million Pounds in Q2 2010 to 147.8 million Pounds in Q2 2011 at Michael Page International Plc (MPI:LSE), the specialist recruitment consultancy. In constant currency, group gross profit was up by +29.6%.A trading update for the Q2 period ending on 3...


Switzerland - Acquisitions must make sense, says Adecco CEO

11 July 2011

Staffing agency Adecco continues to be optimistic about the staffing industry in general. In an interview with business publication Finanz und Wirtschaft, Adecco Chief Executive, Patrick De Maeseneire, said "the positive trend of the first quarter continues. We are convinced that there will...


Spain - 44.6% of employers want to increase staffing levels

11 July 2011

44.6% of Spanish employers intend to raise staffing levels in 2011 according to new research carried out among 4,000 professionals and 1,300 employers across the country by staffing agency Hays Spain.The research shows that the labour market in the country, where unemployment now exceeds 20%, is...


Portugal - Engineers leave the country due to crisis

11 July 2011

Brazil, Africa and Germany are the new destinations for Portuguese engineers who cannot find work at home due to the economic and sovereign debt crisis the country is currently in, O Diário de Notícias  newspaper reports.Álvaro Fernández, Managing Director of staffing agency Michael Page Por...


Iceland - Economy forecast to grow until 2016

11 July 2011

After a contraction of -3.5% in 2010, the Icelandic economy is forecast to grow by +2.5% in 2011 and by +3.1% in 2012. Growth in private consumption and investments will be seen in 2011 and the following years until 2016, while public consumption will contract during 2011 and 2012, according to...


UK - Lower skilled jobs are moving out of cities

11 July 2011

New report published by independent research and policy institute Centre for Cities shows that jobs for unskilled workers are gradually moving out of city centres. The first in a series of three reports, 'Moving on up, moving on out? Overcoming the jobs-skills mismatch' shows that city centre jo...


Ireland - CPL Resources' profits broadly in line with expectations

8 July 2011

CPL Resources Plc (DQ5:ISE), the Ireland-based staffing group, has today released the following trading update:"In our interim statement we announced a significant increase in our profits in the six months to 31 December 2010. The second six months of our financial year have been satisfactor...