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Germany – Economic Sentiment shows cautious expectations

13 April 2011

The Indicator of Economic Sentiment for Germany published by the Centre for European Economic Research (ZEW) has dropped by -6.5 points in April 2011. The indicator now stands at 7.6 points. This value is below the indicator's historical average of 26.6 points. Compared with the answers of the fi...


UK – Slow recovery tempers expectations at Kellan Group

12 April 2011

Revenues edged up +1.2% from 29.46 million Pounds in 2009 to 29.83 million Pounds in 2010 at Kellan Group Plc (KLN:LSE), the IT, accountancy, hospitality, leisure and professional services recruitment group.Preliminary results for the year ended 31 December 2010 published today reveal that net fe...


Sweden – NetJobs back in profit in 2010

12 April 2011

Net sales were up by +19% from 3.4 million Euro in 2009 to 4 million Euro in 2010 at NetJobs Group AB (NJOB:STO), the Stockholm-based job board operator, previously known as Svensk Internetrekrytering AB (SIR:STO).Final results for the 12 months ended 31 December 2010, published yesterday, reveal...


Europe – Online recruitment up +26% y-o-y in March 2011

12 April 2011

The latest monthly Employment Index for Europe published today by job board Monster Worldwide Inc, records +26% year-on-year growth in March 2011, the most rapid pace seen during the current economic cycle.Industrial production related sectors lead the Index in annual growth in March 2011 with a...


Europe – Slow reversal of unemployment trends but confidence improving

12 April 2011

Unemployment in the European Union (EU) fell slightly in February, while the labour market continues to show steady signs of recovery in some Member States, according to the latest Monthly Labour Market Fact Sheet published by the European Commission.   Despite the moderate economic recover...


Eurozone – Bad weather and weaker exports soften growth

12 April 2011

Gross Domestic Product (GDP) growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth, according to the latest Eurozone...


Ireland – GDP expectations for 2011 revised down

12 April 2011

The past month has thrown up two surprising and unwelcome data releases in Ireland. The first was that the unemployment rate over the past six months has been much higher than previously published, on the basis that the labour force stopped falling in the final quarter of 2010, according to the l...


Europe – Uni Europa and Eurociett adopt the European Sectoral Social Dialogue Committee work programme

12 April 2011

On 6 April 2011, the European trade union federation for services and communication (UNI Europa) and the European Confederation of Private Employment Agencies (Eurociett) approved the work programme for the European Sectoral Social Dialogue Committee on Temporary Agency Work for 2011/2012.  ...


UK – Michael Page's gross profit boosted by international business

11 April 2011

Gross profit was up by +30% from 97.9 million Pounds in Q1 2010 to 127.3 million Pounds in Q1 2011 at Michael Page International Plc (MPI:LSE), the specialist professional recruitment company. At constant currency gross profit was up by +29.3%.Interim results for the three months ended 31 March r...


Germany – Shortage of temporary employees holds back growth

11 April 2011

New research carried out by the Institute of the German Economy (IW) on behalf of the Association of Temporary Employment Agencies (BZA), shows that temporary employment was up by only +1.5% to 873,000 individuals in February 2011 compared with the previous month, despite the current boom in the...