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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...


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...