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Europe - Unemployment falls -0.4% y-o-y

1 July 2011

The Euro area (EA17) seasonally-adjusted unemployment rate was 9.9% in May 2011, unchanged compared with April. It was 10.2% in May 2010. The unemployment rate in the entire European Union (EU27) was 9.3% in May 2011, unchanged compared with April. It was 9.7% in May 2010, according to the latest...


Germany - Indonesian engineers to fill the skills gap

1 July 2011

The shortage of qualified staff is driving the German authorities to desperate measures. The Federal Agency for Labour (BA) and the Society for International Co-operation (GIZ) have now launched a recruitment campaign in Indonesia to lure qualified engineers to Germany. The next step will be a re...


Sweden - Labour cost rises

1 July 2011

The Labour Cost Index (AKI) for the private sector in April 2011 was 106.9 for wage-earners and 106.5 for salaried employees. Compared with April 2010, labour costs have increased by +2.3% for wage-earners and by +1% for salaried employees, according to data published by Statistics Sweden (SCB).T...


UK - Government needs coherent approach to knowledge economy

1 July 2011

Only the knowledge economy can provide the jobs and balanced growth needed to secure the UK's future prosperity, according to a plan for growth published by The Work Foundation. The report sets out a vision of what a balanced and sustainable economy could look like in 2020 and provides a detailed...


Ireland - Focus on enterprise critical to the economy, says Forfás

1 July 2011

"Increasing business investment and competitiveness is not just a necessity for enterprise recovery, but critical for the success of the entire economy. The traded sectors of the economy are proving resilient, exports are recovering and Ireland is still a good place to do business and to inv...


UK - Work experience essential to help tackle youth unemployment

1 July 2011

The quality of work experience in the UK needs to improve in order to increase the employability of young people and to dispel negative perceptions towards placements. This is the message from the Chartered Institute of Personnel and Development (CIPD) as it teams up with the government's job ce...


Luxembourg - High demand for accountants, bankers and lawyers

1 July 2011

The tiny Grand-Duchy of Luxembourg is currently experiencing a huge demand for financial services professionals and accountants. Accountants (ACCA or ACA) with knowledge of IFRS reporting standards are particularly sought after. There is also demand for private bankers, lawyers and administration...


Netherlands - USG People to announce job cuts to boost margin

30 June 2011

Dutch staffing firm USG People (USG:AEX), hit by weak growth in its home market, said yesterday that it will announce a new round of job cuts next week to boost margins but has no plans to sell any of its businesses, specialist publication London South East (LSE) reports.The company's earnings we...


UK - Healthcare Locums to be sued by investors

30 June 2011

Investors in Healthcare Locums Plc (HLO:LSE), the beleaguered specialist health and social care staffing firm, which suspended trading in its shares in January, have launched legal action against the company and its banks yesterday just hours after a stormy annual meeting, the Financial Times ne...


UK - Harvey Nash performs ahead of budget in Q2 2011

30 June 2011

Ian Kirkpatrick, Chairman of staffing firm Harvey Nash Group Plc (HVN:LSE), will comment at today's Annual General Meeting (AGM) "in our Interim Management Statement on the 31 May 2011, we reported that the group had performed ahead of budget during the first quarter ended 30 April 2011 and...