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Italy - Business confidence varies by sector

29 June 2011

In June 2011 the seasonally adjusted confidence indicator in manufacturing fell from 101.1 in May 2011 to 100.5. Assessments on order books worsened while production expectations remained unchanged and inventories increased, according to the latest data published by the National Institute of Stat...


Italy - Wages up +1.8% y-o-y in May

28 June 2011

In May 2011 both the index of wages negotiated by collective agreements per hour and the index of wages negotiated by collective agreements per employee were unchanged compared with the previous month, according to the latest data published by the National Institute of Statistics (Istat).Compared...


Germany - Business relevance of academic qualifications override good marks

28 June 2011

Employers are far more concerned about what exactly graduate job applicants have studied at university than they are about grades, according to new research published by personnel marketing and recruitment solutions firm Staufenbiel.The research carried out by research firm Trendence among 329 co...


UK - Graduate vacancies and starting salaries rise for first time in two years

28 June 2011

The number of graduates applying for each graduate job has reached the highest number ever recorded by the Association of Graduate Recruiters (AGR), which published the summer edition of its bi-annual survey today.The number of applications for each graduate job now stands at 83 on average. By co...


Spain - Job-centred policies required for fragile recovery

28 June 2011

Despite encouraging signs that the Spanish economy has begun to emerge from the crisis, a new report by the International Labour Organisation (ILO) examines a range of economic, employment and labour market policies that could consolidate an as yet fragile recovery and start to reduce unemploymen...


OECD countries - Global shocks expected to become more frequent

28 June 2011

Disruptive shocks to the global economy are likely to become more frequent and cause greater economic and societal hardship. The economic spill-over effect of events like the financial crisis or a potential pandemic will grow due to the increasing interconnectivity of the global economy and speed...


UK - GDP growth confirmed at +0.5% in Q1

28 June 2011

Gross Domestic Product (GDP) in volume terms increased by +0.5% in the first quarter of 2011, unrevised from the +0.5% increase published in May. GDP in volume terms rose by +1.4% in 2010, according to the latest data published today by the Office for National Statistics (ONS).The volume of outpu...


Germany - Consumer climate rises

28 June 2011

Following a slight weakening in the past few months, consumer sentiment in Germany has improved again in June this year. Income expectations have taken a major upward leap, while economic expectations and the propensity to buy have also increased slightly, according to the latest Consumer Climate...


Switzerland - Consumption index at a high for the year

28 June 2011

After declining values early in the year, the consumption index rose considerably in May by +0.34 points to 1.91, its highest level since August of last year. New car registrations were the primary factor, up +20.2% compared to the same month last year. Retail sales also helped propel the consump...


UK - Public sector benefits badly communicated, says CIPD

28 June 2011

The key to preventing escalating strike action will be for government and public sector employers to communicate to employees the benefits of being employed by the public sector compared to the private sector, even after any reforms to pensions.   This is the view of the Chartered Institut...