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Europe - Recovery maintains momentum

16 May 2011

The European Union (EU27) economy is set to further consolidate its gradual recovery, with prospects for 2011 looking slightly better than projected last autumn. Gross Domestic Product (GDP) is expected to grow by around +1.75% this year and just under +2% in 2012, according to the latest Spring...


Europe - Only 3% work in another EU country

16 May 2011

53% of young people in Europe are willing or keen to work in another European country, but lack of cash discourages many of them from taking a first step towards this by spending part of their education abroad, according to the latest Eurobarometer survey, published by the European Commission. &...


UK - Financial services workers expect 3.1 billion Pounds salary hike

16 May 2011

Financial services professionals expect to earn an extra +4,900 Pounds this year, which would cost their employers an additional +3.1 billion Pounds.   According to research from accountancy and financial services recruiter Marks Sattin, professionals in the sector expect a +13.5% salary i...


International - Marquez starts as Chairman and CEO at Hudson Highland

16 May 2011

Hudson Highland Group, Inc. (HHGP:NMQ), the US-based international provider of permanent staffing, contract staffing and talent management services, has announced that Manuel Marquez has officially commenced his duties as the company's new Chairman and Chief Executive Officer.Marquez replaces int...


France - Pay strike at Adecco

13 May 2011

Several offices of staffing agency Adecco France were shut yesterday due to a national strike called by the CFDT union, Le Figaro newspaper reports. Sébastien Delahaye of CFDT told press agency AFP "the announcement of the excellent financial results of Adecco Group have generated incomprehe...


France - Agency employment regarded more highly than elsewhere

13 May 2011

91% of agency temporary employees have a positive view of their temporary employment and believe that it enables them to adapt themselves to the labour market and gain professional experience, according to new research carried out by Opinion Way on behalf of the Association of Temporary Employmen...


Europe - German GDP rises twice as fast as EU average in Q1 2011

13 May 2011

Gross Domestic Product (GDP) increased by +0.8% in both the Euro area (EA17) and the whole European Union (EU27) during the first quarter of 2011 compared with the previous quarter, according to flash estimates published by the Statistical Office of the European Union (Eurostat). In the fourth q...


Europe - IMF calls for strengthened policy response and financial integration

13 May 2011

Europe's recovery is expected to solidify but comprehensive and bold policy action will be needed to restore fiscal health, address remaining weaknesses in the financial sector, and implement reforms to restore competiveness and growth, according to the latest Regional Economic Outlook (REO) for...


Europe - Industrial production down by -0.3%

13 May 2011

In March 2011 compared with February 2011, seasonally adjusted industrial production fell by -0.2% in the Euro area (EA17) and by -0.3% in the whole of the European Union (EU27). In February production rose by +0.6% and +0.4% respectively, according to the latest data published by the Statistical...


Greece - Unemployment rises to 15.9%

13 May 2011

The unemployment rate in February 2011 was 15.9% compared with 12.1% in February 2010 and 15.1% in January 2011. The number of employed amounted to 4,178,312 persons while the number of unemployed amounted to 787,229 and the number of inactive to 4,363,858, according to the latest Labour Force Su...