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Eurozone - Growth outlook deteriorates

10 October 2011

During the Summer of 2011, business and consumer confidence deteriorated sharply in the Euro area owing to mounting tensions on financial markets and fiscal consolidation in most European Union (EU) member states, according to the latest 'Eurozone Economic Outlook' published jointly by three economic...

Sweden - Economy forecast to grow by only +0.2% in 2012

10 October 2011

Swedish growth recovery is not expected to return to normal for several years. For 2012 the Confederation of Swedish Enterprise (Svensk Näringsliv) expects growth of only +0.2%.
Stefan Fölster, Chief Economist at the Confederation of Swedish Enterprise, commented "we are not seeing...

UK - Financial market uncertainty continues to impact City hiring

10 October 2011

The London financial services hiring market saw a further decline in September 2011. The number of newly available job roles fell from 4,095 to 3,843, a -6% drop from the previous month and a new low for the year. This was also a decline of -19% from the level of newly available jobs in September 2010,...

Germany - Koch appointed MD of Matchtech GmbH

10 October 2011

Matchtech Group, the specialist technical recruitment company, has announced the appointment of Mathias Koch as new Managing Director of Matchtech GmbH, in Germany.

Koch will be responsible for business development, the branding for the local German market and the further growth of the automotive business....

Netherlands/Belgium - Battle is on against rogue staffing agencies

7 October 2011

Henk Kamp, Minister for Employment of The Netherlands and Philippe Muyters, Minister for Employment of Flanders (Dutch-speaking part of Belgium) have signed a Declaration of Intention to intensify both countries' cross-border crime prevention activities against rogue staffing agencies, which abuse their...

Europe - Online recruitment up +18% y-o-y in September

7 October 2011

The latest monthly Employment Index for Europe published by job board Monster Worldwide Inc, shows a year-on-year growth rate of +18% in September 2011 when compared with September 2010. All countries, except Belgium, exhibited annual growth during the month.

22 of the 24 industry sectors monitored by...

Europe - UK had highest 'EU Big Four' productivity growth in September

7 October 2011

After nearly two-and-a-half years of productivity growth, the latest data indicated that output per worker in the European Union (EU27) declined in September 2011. The seasonally adjusted EU Productivity Purchasing Managers Index (PMI), published by research firm Markit, fell from 50.1 in August to 49.3....

France - Differing job creation forecasts for 2012

7 October 2011

Gross National Product (GDP) is estimated to grow by +1.7% in 2011 and a by further +1.7% in 2012, according to the latest Economic Perspectives published by the government job centres (Pôle Emploi).

The job centres estimate that an overall +130,000 will have been created by the end of 2011 and if the...

Germany - Temporary jobs for students as training-on-the-job

7 October 2011

Taking on a so-called 'Students Job' whilst still at university is increasingly becoming a necessity for many German students in order to gain practical experience in the labour market, according to new research carried out by student staffing agency Studitemps, among 170 HR professionals in the country....

World - Asian remuneration eroding West's ability to attract scarce talent

7 October 2011

Increased pay restraint in Western Europe and North America, combined with economic growth in emerging markets, is pushing pay for executives in Asia beyond levels in the West, according to new research by Mercer, the Human Resources services and financial advisers.

Executive pay in Asia has already...