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Germany – Upswing continues

8 April 2011

Germany is experiencing a strong economic upturn. The latest joint analysis by the country's main economic research institutes forecasts that German Gross Domestic Product (GDP) will increase this year by +2.8% and by +2.0% next year.For 2011 and 2012, an unemployment rate of 6.9% and 6.5%, respe...


Switzerland – Unemployment falls to 3.4%

8 April 2011

The number of jobseekers registered with the government's job centres (ORP) fell by -8,420 individuals to 134,905 in March 2011 compared with February 2011, according to the latest figures published today by the State Secretariat for the Economy (SECO).The unemployment rate fell from 3.6% in Febr...


Ireland – Job opportunities rise +26% y-o-y in February 2011

8 April 2011

The latest Irish Employment Monitor published by professional recruitment consultancy Morgan McKinley (subsidiary of Premier Group) shows that new job opportunities for professionals in Ireland decreased marginally by -2% from 7,250 in January 2011 to 7,100 in February 2011. This was, however, a...


Ireland – Business activity improves marginally

8 April 2011

Business activity continued to stabilise across the Irish economy in the first quarter of this year, according to the results of the Spring 2011 Business Sentiment Survey published by the KBC Bank Ireland and Chartered Accountants Ireland.The number of firms reporting strong activity slightly exc...


UK – NMW increases +15 Pence from October 2011

8 April 2011

The National Minimum Wage (NMW) will increase by +15 Pence an hour to 6.08 Pounds in October, the government has announced.From October, the minimum wage for adult workers will be 6.08 Pounds. The youth minimum wage, for 18 to 20-year olds, will also increase by +6 Pence to 4.98 Pounds an hour, t...


UK – Hays' net fees driven by international business but cautions on UK public sector

7 April 2011

Net fees were up by +18% in Q1 2011 compared to Q1 2010 at Hays Plc (HAS:LSE), the fifth largest staffing company in Europe. On a like-for-like basis (organic growth at constant currency), net fees were up by +16%.On a like-for-like basis, net fees from the temporary placement business increased...


UK – Matchtech's NFI up but PBT down

7 April 2011

Net fee income (NFI) was up by +9% from 12.5 million Pounds in H1 2010 to 13.6 million Pounds in H1 2011 at Matchtech Group Plc (MTEC:LSE), the specialist technical recruitment company.Half year results for the six months ended 31 January reveal that net fee income from permanent placements was u...


UK – ReThink's revenues up +13%

7 April 2011

Revenues were up by +13% from 49.7 million Pounds in 2009 to 56.4 million Pounds in 2010 at ReThink Group Plc (RTG:LSE), the recruitment and technology services firm.Final results for the year ended 31 December 2010 released today reveal that in the Contract Recruitment and Recruitment Process Ou...


UK – Dillistone's revenues up +16%

7 April 2011

Revenues were up by +16% year-on-year to 4.3 million Pounds in 2010 at Dillistone Group Plc (DSG:LSE), the AIM quoted supplier of FileFinder executive recruitment softwareAudited results for the year ended 31 December 2010 show that non-recurring revenues were up by +31% compared to the previous...


Germany – Lack of labour flexibility due to 'personal reasons'

7 April 2011

49% of Germans do not believe that they would find it easy to get a new job whilst 25.4% blame this on the difficult labour market. This is the result of new research commissioned by staffing agency Orizon and carried out among 2,078 survey participants aged between 18 and 65.54.1% of survey part...