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Spain – Job seekers not very dedicated

18 February 2011

77% of the unemployed in Spain dedicate less than three hours per day to their job search, according to a new survey by staffing firm Manpower Spain among 7,000 job seekers in the country.Only 23% of the unemployed spend more than three hours per day on trying to find employment. Men are keener t...


Netherlands – Randstad's Q4 EBITA up +52%, full year up +61%

17 February 2011

Revenues were up by +22% from 3,179.7 million Euro in Q4 2009 to 3,891.1 million Euro in Q4 2010 at Randstad Holding (RAND:AEX), the world's second largest staffing firm.Fourth quarter and annual results for 2010 published today reveal that organic revenue growth was +17%, the net addition of acq...


World – Economic Climate Improves

17 February 2011

After the slight decline in the fourth quarter of 2010, the World Economic Climate Index published by the IFO Institute for Economic Research and the International Chamber of Commerce has risen markedly, reaching its highest level since the end of 2007. The index is now clearly above its long-ter...


OECD Countries – Unemployment falls to 8.5%

17 February 2011

In December 2010 the OECD area unemployment rate was 8.5%, down -0.1 percentage point from November. The OECD rate (now including Chile, Estonia, Israel and Slovenia, the four countries that joined OECD in 2010) has been stable at around 8.5% since February 2010, despite diverging trends at the n...


Spain – GDP up +0.6%

17 February 2011

The Spanish economy registers an inter-annual increase of +0.6% in the fourth quarter of 2010, four tenths more than the previous period.Quarter-on-quarter growth stands at +0.2%, two tenths higher than that recorded in the previous quarter.The negative contribution of domestic demand to aggregat...


Portugal – Unemployment at 11.1%

17 February 2011

The estimated unemployment rate for the fourth quarter of 2010 was 11.1%. Up +1.0 percentage point (p.p.) compared to the same quarter of 2009 and up +0.2 p.p. from the previous quarter according to the latest data published by Statistics Portugal (INE).The number of unemployed is estimated to ha...


UK – Employment tribunals cost 1.6 billion in 2010

17 February 2011

  Employment tribunals cost UK business 1.6 billion in 2010 and only one in twenty HR professionals fully understands the UK employment tribunal process according to research from Ambition, the global specialist recruiter.   A survey of over 200 HR managers and directors found that whi...


Eastern Europe – Concerns about inequality of male workers

17 February 2011

The Ukrainian Cabinet has postponed the implementation of several important amendments to the Labour Code (MAJ 2010/24) due principally to concerns by the Ministry of Justice that the Code contains a number of discriminatory provisions against men, the Federation of European Employers (FedEE) rep...


UK – Modest rise in basic City salary offers expected

17 February 2011

The latest Salary Survey published by professional recruitment consultancy Morgan McKinley (part of Premier Group) reveals that 62% of respondents expect basic salary offers to rise over the course of 2011 compared to last year, with the majority (55%) expecting the rise to be between 1-10%. Less...


UK – Strong improvements in operating profit and cash generation at Impellam

16 February 2011

Revenues were up by +6.6% from 1.04 billion Pounds in 2009 to 1.11 billion Pounds in 2010 at Impellam Group Plc (IPEL:LSE), the international provider of staffing solutions, human capital management and outsourced people-related services.Preliminary results for the 52 weeks ended 31 December 2010...