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OECD Countries – GDP growth slows to +0.4%

18 February 2011

Gross domestic product (GDP) in the Organisation for Economic Co-operation and Development (OECD) area grew by +0.4% in the fourth quarter of 2010, down from the +0.6% growth recorded in the previous quarter.GDP contracted by -0.3% in Japan and by -0.5% in the United Kingdom in the fourth quarter...


UK – Overseas orders boost output growth

18 February 2011

Improving demand for UK-made goods, especially from abroad, has further boosted UK manufacturers' expectations for output growth, the Confederation of British Industry (CBI) said yesterday.However, manufacturing firms continue to predict a sharp rise in output prices, with expectations at their s...


World – Singapore beats London and New York

18 February 2011

Singapore has topped a survey amongst investment banking staff on which financial centre they would most like to work in, beating London, New York and Dubai reveals Astbury Marsden, the financial services recruitment firm.   27% of respondents chose Singapore as their most favoured locatio...


UK – APSCo wants to follow Dutch example

18 February 2011

Plans by the Dutch government to introduce a compulsory licensing scheme for temporary recruitment companies highlight the relevance of the national licensing debate organised by the Association of Professional Staffing Companies (APSCo) last year.The Dutch Labour Inspectorate investigated over 1...


UK – CIPD welcomes review of sickness absence benefits

18 February 2011

The Chartered Institute of Personnel and Development (CIPD) supports government plans to conduct a review of sickness absence as part of its shake-up of the welfare reform system.   Ben Willmott, Senior Public Policy Adviser for the CIPD, commented "we welcome the government's logical...


Europe – Bullhorn's revenue up +600%

18 February 2011

Bullhorn, the provider of cloud-based recruitment agency software, has reported results for the 2010 fiscal year, citing an increase in its year over year revenue run rate by +30% and total users by +40%. Most notable was the company's development in Europe, with revenues increasing by +600%, whi...


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...