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Finland - Wages and salaries up +5.8% y-o-y

12 August 2011

The total sum of wages and salaries of the whole economy was +5.8% higher during the period from April to June 2011 than during the same period last year. In June alone, the sum of wages and salaries of the whole economy grew by +5.6% year-on-year. In the April to June period of 2010, the wages a...


Spain - Free movement of Romanian workers temporarily restricted

12 August 2011

Following a request from the Spanish authorities on 28 July 2011, the European Commission (EC) has approved Spain's request to restrict its labour market to Romanian workers until 31 December 2012 due to serious disturbances on its labour market.   These restrictions will apply to activitie...


World - Message by ILO Director-General on international youth day

12 August 2011

Juan Somavia, Director-General of the International Labour Organisation (ILO), has issued the following message on the occasion of the International Youth Day, today:"Since Youth Day 2010, from Tahrir Square to Puerta del Sol young women and men have been central actors in a broad-based soci...


World - Kelly's Q2 profit soars but loses market share in the UK

11 August 2011

Revenues were up by +16.2% from $1.2 billion in Q2 2010 to $1.4 billion in Q2 2011 at staffing agency group Kelly Services Inc. (KELYA:NSQ). Interim results for the 13 weeks ended 4 July 2011 reveal that gross profit was up by +17.6% from $191 million in Q2 2010 to $224 million in Q2 2011.Net ear...


UK - Agency Workers Regulations corrected

11 August 2011

The Association of Recruitment Consultancies (ARC) welcomes the amendments to the Agency Workers Regulations. Contained in the Agency Workers (Amendment) Regulations 2011, the amendments correct a drafting error in Regulation 14 of the original Agency Workers Regulations 2010 and add in more det...


Europe - Netherlands have lowest youth unemployment

11 August 2011

9.1% or 430,000 young people aged 15 to 24 years were unemployed in Germany in June 2011, according to the latest analysis published by the Federal Statistical Office (Destatis) on the occasion of the International Youth Day on 12 August 2011.Adjusted for seasonal and irregular effects, Germany h...


Netherlands - Unemployment among 25 to 45 year old men doubles

11 August 2011

The number of unemployed men in the 25 to 45 years age group has more than doubled over the past three years from 46,000 in the second quarter of 2008 to 99,000 in the second quarter of 2011. 25 to 45 year old men have therefore suffered most from the economic crisis, according to the latest dat...


World - Experience outweighs education as key career driver

11 August 2011

More than three quarters of respondents around the world say experience is more important than education when it comes to advancing a person's career. Nearly 80% cite experience while 18% nominate formal education and 2% remain undecided, according to the latest survey published by staffing agenc...


UK - GDP growth likely to recover in H2 2011 and beyond, says BoE

11 August 2011

At the launch of the latest Inflation Report by the Bank of England (BoE) yesterday, BoE Governor Sir Melvyn King held the following speech:"The mood in markets has taken a sharp turn for the worse. Much of this reflects rising concern about the sustainability of indebtedness in the Euro are...


Finland - Industrial output growth slowed to +0.4% y-o-y in June

11 August 2011

 Industrial output adjusted for working days was +0.4% higher in June 2011 than twelve months earlier. In May 2011, output was +9.2% higher than in May 2010. In the January to June period, industrial output adjusted for working days grew by +4.9% from twelve months back, according to the la...