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World – Recruit Holdings looks to tap Israeli start-ups with new fund (CTech)

7 June 2019

Recruit Strategic Partners, the venture capital subsidiary of Japan-based staffing giant Recruit Holdings Co. Ltd., is looking to tap Israeli start-ups with a new $375 million fund that will focus on Israel, as well as the US and India, reports CTech. RSP’s vice president Tanaka Yuki said Recruit’s...


People – Heidrick & Struggles, Bullhorn, VMP

7 June 2019

International executive search firm Heidrick & Struggles announced the appointment of Adam Warby, CEO of Avanade, as Chairman of the Board of Directors, effective immediately. Warby joined Heidrick & Struggles' Board in 2018 to sharpen the firm's focus on its digital transformation. Warby will...


Switzerland – Temp workers’ hours down 2.7%, according to Swiss Staffing

6 June 2019

The number of hours worked by temporary workers in Switzerland recorded a decrease of 2.7% in the three months to April 2019 when compared to the same period last year, according to data from Swiss Staffing, the Swiss Federation of Staffing Companies.

Since the beginning of the year, the number of hours...


Europe – EU Budget 2020 puts focus on youth employment

6 June 2019

The European Commission yesterday proposed an EU budget of €168.3 billion for 2020 aimed at supporting a more competitive European economy and prioritises jobs, growth, youth, climate change, security and solidarity.

The budget is the seventh and last one under the current 2014-2020 multi-annual financial...


Ireland – Seasonally adjusted jobless rate falls to 14-year low in May

6 June 2019

Ireland’s seasonally adjusted unemployment rate in May 2019 stood at 4.4%, down from 5.9% in May 2018, according to the Central Statistics Office. This was the lowest level since February 2005.

May’s unemployment rate was also down from 4.6% in April 2019. 

The seasonally adjusted number of persons...


South Africa – Government declares unemployment a national emergency (eNCA)

6 June 2019

The African National Congress has declared unemployment in South Africa a national emergency, reports eNCA. ANC Secretary General, Ace Magashule, said that the ruling party aimed to reduce the country’s unemployment rate by half within the next five years. South Africa’s current unemployment rate...


Russia – HeadHunter Q1 revenue rises 31.8% as it recovers from net loss

5 June 2019

HeadHunter Group plc (HHR: NSDQ), a Moscow-based job board operator, reported revenue yesterday of RUB 1.67 billion (USD 25.8 million) for the first quarter ended 31 March 2019, an increase of 31.8% compared to the previous year.

HeadHunter launched its IPO earlier this month and began trading shares...


Poland – Work Service Q1 revenue takes a dive, but net profit recovers

5 June 2019

Work Service Capital Group, (WSE:WSE) the Polish staffing and RPO provider, reported revenue of PLN 424.9 million (€99.3 million) a decrease of 17.7% compared to the previous year.

(PLN millions) Q1 2019 Q1 2018 Change Q1 2019 (€ thousands)
Revenue 424.9 516.5 -17.7% ...


UK – Search Consultancy appoints new CEO

5 June 2019

Glasgow-based recruitment firm, Search Consultancy, announced that it has appointed Richard Vickers as CEO with effect from 23 September 2019.

Vickers has worked for Page Group in both the UK and the US & Canada, most recently as Regional Managing Director, North America since 2012.

He replaces longstanding...


Spain – Summer hiring campaign to exceed 604,000 temporary contracts: Randstad

5 June 2019

Randstad Spain forecasts that this year's summer campaign in the country will exceed 604,000 temporary contracts, of which more than 139,000 are expected to become indefinite contracts.

The summer campaign runs from June through September and Randstad estimates that 139,536 permanent contracts will be...