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Luxembourg — Cross-border temporaries return home during the financial crisis

24 September 2010

Temporary employment has grown by +15% per annum between 1996 and 2007. However, the economic crisis year of 2009 saw a fall of -35% in the sector. During H1 2009 alone temporary employment fell by -47%. The temporary employment sector in the small Grand-Duchy of Luxembourg (total population of...


UK — New rates for the National Minimum Wage

24 September 2010

The government informs that new National Minimum Wage rates and entitlements will apply from 1 October 2010. The new rates will be: 3.64 Pounds per hour for 16-17 year olds (previously 3.57 Pounds). 4.92 Pounds per hour for 18-20 year olds (a 9 Pence increase from 4.83 Pounds). 5.9...


Netherlands — Economy recovers faster than expected but government more cautious on 2011

24 September 2010

The Dutch economy grew slightly faster than previously estimated in the second quarter, partly due to higher-than-expected productivity, the Dutch Central Bureau for Statistics said Thursday. Gross domestic product rose by +1% in the second quarter from the first quarter and by +2.2% compared wi...


UK — Mismatch in supply of graduates

24 September 2010

A new report published by independent think-tank The Work Foundation argues that, contrary to popular belief, the UK actually needs more graduates and the only viable option will be to increase fees. The challenge will be for the Secretary of State for Business, Innovation and Skills, Vince Cable...


UK — PPMA calls for consistent approach on senior pay across the public sector

24 September 2010

The recent revelations that 9,000 senior civil servants earn more than the Prime Minister continue to stir up emotions on the eve of the government's austerity spending cuts to be announced in October. The Public Sector People Managers' Association (PPMA) has taken a clear position on senior pub...


Switzerland — Adecco provides insights during investor day

24 September 2010

Adecco SA, the world's largest staffing company, said it was encouraged by the demand for temporary workers as an uncertain economic recovery leads employers to rely more on contingent labour, and set a target for profit margins that an analyst called conservative. Adecco said demand has picked...


UK — Recession has hit Scotland harder than England

23 September 2010

A new report published by the Joseph Rowntree Foundation (JRF) shows that not only is Scotland's unemployment rate back to 1996 levels, but poverty is now hitting childless adults harder than pensioners or children. Monitoring poverty and social exclusion in Scotland 2010, produced by the New Po...


UK — Financial services hiring dips over Summer holiday period

23 September 2010

The latest London Employment Monitor published by professional recruitment consultancy Morgan Mckinley (a subsidiary of Premier Group) reveals that London's financial services sector registered an -8% drop in job opportunities down from 6,048 in July 2010 to 5,544 in August 2010, showing the impa...


Switzerland — Adecco revenues up by +16% in first two months of Q3. NYSE Euronext delisting completed

23 September 2010

Adecco Group (ADEN:VTX), the worldwide leader in Human Resource services, is holding its Investor Days 2010 in Miami today and is providing an update on current trading conditions. Adecco continues to see good demand in the majority of its markets and sees no signs of a slowdown. Revenues in July...


UK — Penna Consulting performs in line with market expectations

23 September 2010

Penna Consulting Plc (PNA:LSE), the international human resources consulting group, will hold its annual general meeting today. At the meeting the Chairman, Stephen Rowlinson, will make the following statement "we are about to complete the first half of our financial year and the company continu...