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Sweden — Temporary employment up by +52,000 y-o-y in August 2010

16 September 2010

The latest data published today by Statistics Sweden (SCB) shows that the number of employed persons aged 15 to 74 increased by +73,000 in August 2010 when compared to August 2009 and amounted to 4,610,000. The increase is mainly explained by the increase of +54,000 employed men. The employment...


UK — Work Group sees positive trends but still makes a loss in H1 2010

16 September 2010

Revenues were down from 12.8 million Pounds in H1 2009 to 11.3 million Pounds in H1 2010 at Work Group Plc (WORK:LSE), the talent acquisition and talent management services provider. Interim results for the six months ended 30 June 2010, released today, show that net fee income (gross profit) wa...


Switzerland — 2010 Economic growth revised upwards but exports under pressure

16 September 2010

In Switzerland, the economic recovery has continued throughout the year with strong GDP growth in both of the first two quarters. In contrast to most OECD countries, Swiss economic output had reached it prerecession levels by mid 2010. At the same time the first signs of economic weakness can be...


UK — ReThink Group revenues up by +9% in H1 2010

16 September 2010

Revenues were up by +9% from 24.6 million Pounds in H1 2009 to 27 million Pounds in H1 2010 at ReThink Group Plc (RTG:LSE), the recruitment and technology services firm. Interim results for the six months ended 30 June 2010 show that revenues from contractors were up by +7% from 22.2 million Pou...


Europe — Employment stable in Q2 2010

16 September 2010

According to national accounts estimates published by the Statistical Office of the European Union (Eurostat), the number of persons employed in the Euro area (EA16) and in the entire of the European Union (EU27) was stable in the second quarter of 2010 compared with the previous quarter. In the...


UK — Private sector enjoys mini jobs 'boom' but can it last?

16 September 2010

Dr John Philpott, Chief Economic Adviser at the Chartered Institute of Personnel and Development (CIPD) has commented on official labour market statistics published yesterday by the Office for National Statistics (ONS). He said "the private sector looks to have enjoyed a mini jobs boom in the sec...


France — Samsic Emploi acquires Axe TT

15 September 2010

Samsic Emploi et Carrières, the staffing arm of multi-services group Samsic, has acquired the Toulouse-based staffing agency Axe Travail Temporaire (Axe TT). Axe TT has 29 offices in the regions of Roussillon, Midi-Pyrénées and Aquitaine and an estimated turnover of 60 million Euro. Axe TT grew...


Europe — Hourly labour costs up by +1.6% y-o-y in Q2 2010

15 September 2010

Hourly labour costs in the Euro area (EA16) rose by +1.6% in the year up to the second quarter of 2010, compared with +1.9% for the previous quarter. This is the lowest increase registered since the start of the series in 2000. In the entire European Union (EU27), the annual rise was +1.6% up to...


UK — CIPD advises coalition government not to take the Usain Bolt fiscal approach to public sector job cuts

15 September 2010

The government's objectives on growth, employment, welfare to work and public service reform would be best served by ensuring that 80% of public sector job cuts take effect after 2013. While available forecasts from the independent Office for Budget Responsibility already indicate considerable 'b...


UK — Norman Broadbent benefits from recovery in financial services and pharmaceuticals

15 September 2010

Norman Broadbent (NBB:LSE), the executive search firm, has returned to profitability in the six month period ended 30 June 2010, with profit before tax of 974,000 Pounds compared to a loss for the comparable period in 2009 of -660,000 Pounds on a turnover of 3.26 million Pounds (30 June 2010: 3.4...