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Greece — Unemployment up by +36.2% y-o-y in June 2010

13 September 2010

According to the latest Labour Force Survey published by the Hellenic Statistical Authority, the unemployment rate in June 2010 was 11.6% compared to 8.6% in June 2009 and 12.0% in May 2010. The number of employed amounted to 4,429,823 persons while the number of unemployed amounted to 582,364 an...


Belgium — 55% believe they will have to delay retirement for financial reasons

13 September 2010

New research carried out by human capital consultants Aon reveals that 55% of Belgians believe that they will have to delay their retirement due to the current economic climate. 61% of Belgians, however, would like to retire before the standard retirement age of 65. Just over a third (35%) would...


UK — More employees will hand in their notice this week than during any week of the year

13 September 2010

Year-on-year statistics gathered by recruitment services provider Resource on Demand, released today, show that 37% of resignations occur in the third week of September and 24% happen during the first week of February. Both of these bouts occur four weeks after the end of traditional holiday seas...


UK — Accountants now run 6 out of 10 FTSE 100 companies

13 September 2010

Accountants are dominating the strategic thinking at UK's leading companies more than ever before, according to finance and accountancy recruiter Marks Sattin (owned by FiveTen Group, backed by Bregal Capital). More than twice as many FTSE100 companies now have a chairman or CEO with an accounta...


Portugal — Staff shortage despite crisis and unemployment

13 September 2010

In spite of the economic slowdown there are several industries, which are anticipated to excel at job creation in Portugal. Joao Maria of recruitment agency Hays Portugal, commented to Portuguese daily Jornal Publico "life expectancy is increasing. In a decade from now many more people will need...


UK — Networkers sees improving demand for permanent recruitment in H1 2010 but profit declines -5%

13 September 2010

Revenues were up from 69.2 million Pounds in H1 2009 to 72 million Pounds in H1 2010 at Networkers International Plc (NWKI:LSE), the IT and telecoms staffing specialist. Interim results for the six months period ended 30 June 2010 reveal that in Europe revenues were from 63.2 million Pounds in H...


Spain — Employment is expected to fall by -1.1% y-o-y in November 2010

13 September 2010

According to the latest Labour Market Monitor published by the Association of Large Temporary Employment Agencies (Agett) and international financial analysts AFI, employment is expected to fall by -1.1% to 18.44 million in November 2010 when compared to the same month in 2009. Unemployment has...


Spain — Parliament gives final approval for labour market reforms

10 September 2010

The Spanish Parliament has yesterday given final approval to Socialist Prime Minister Jose Luis Rodriguez Zapatero's reforms of the labour market, which will make it easier and cheaper for employers to sack permanent employees, Europa Press reports. The Prime Minister, said "I do not feel that I...


OECD Countries — Recovery slowing amid increased uncertainty

10 September 2010

The world economic recovery may be slowing faster than previously anticipated, according the OECD's latest Interim Economic Assessment. Growth in the Group of Seven countries is expected to be around 1.5% on an annualised basis in the second half of 2010 compared with the previous estimate of aro...


France — Staffing market is picking up but no place for euphoria

10 September 2010

Companies have good reasons to look positively to the future but should not get over-excited about the pick-up in the economy. This is the outcome of a round-table discussion with several staffing agencies organised by French daily L'Express. Fabrice Lacombe, President of staffing firm Michael P...