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UK - 83% of employers intend to keep or raise agency staff levels

24 August 2011

Continuing fragility in the UK economy has resulted in employers increasing their long-term demand for flexible staffing whilst downgrading their plans to increase their permanent workforce in the medium and the long-term, according to the Recruitment and Employment Confederation (REC) latest employers'...

UK - Cuts pressure mounts as public sector struggles to curb wage bill

24 August 2011

Public sector organisations have not implemented effective measures to reduce reward spend, despite a potential risk to jobs, according to new research from global management consultancy, Hay Group.

With the government imposing cuts of around 20% across the public sector and wages accounting for up to...

UK - Employers prefer immigrants to 'unemployable' young nationals

24 August 2011

During the week when the latest quarterly immigration statistics and the General Certificate of Secondary Education (GCSE) results are published, new research from the Chartered Institute of Personnel and Development (CIPD) finds recruitment demand for school leavers has fallen since last year,...

Germany - Industry plans +14% more investments despite falling economic sentiment

24 August 2011

Two seemingly contradictory reports came out of Germany yesterday. According to the latest enterprise survey published by the Ifo Institute for Economic Research, a significant increase in capital expenditure in the West German manufacturing sector is expected for 2011 after the investment slump in 2009...

UK - Manufacturing orders and output expectations holding up, says CBI

24 August 2011

UK manufacturers are reporting healthy order books and expectations for output growth are above their long-run average, while pricing pressures have eased following strong inflation during the first two quarters of this year, according to the Confederation of British Industry (CBI).

Of the 510 manufacturers...

UK - HCL advisor alleged to have conflict of interest

23 August 2011

Three of the largest shareholders of Healthcare Locums Plc (HLO:LSE), the beleaguered specialist health and social care staffing firm, have accused the board of a conflict of interest in appointing advisers linked to the investor most likely to benefit from a proposed 64.25 million Pounds fundraising...

UK - Pertemps continues on acquisition trail

23 August 2011

Privately owned staffing firm Nurture People Limited is the latest company to be acquired by staffing firm Pertemps Recruitment Partnership Limited. The move comes shortly after Ashton Consulting (UK) Ltd and Fishtank Recruitment Solutions Limited merged with Pertemps on 8 August 2011 for an undisclosed...

OECD Countries - GDP growth held back by Europe

23 August 2011

Growth of Gross domestic product (GDP) in the Organisation for Economic Co-Operation and Development area (OECD) slowed to +0.2% in the second quarter of 2011, down from +0.3% in the previous quarter. This is the fourth consecutive quarter of slower growth.

The slowdown was particularly marked in the...

Germany - Central bank forecasts continued growth

23 August 2011

In its latest monthly report, the German Central Bank (Bundesbank) forecasts Gross Domestic Growth (GDP) growth of +3% for 2011 despite increasing concern about world economies and turbulences on the international stock markets.

The bankers say in a statement "from our current perspective, the German...

France - Private sector picks up slightly due to demand for services

23 August 2011

Output growth at private sector firms in France rose at a marginally faster rate in August 2011, edged up to 53.6 from July's 23-month low of 53.2, according to the latest 'Flash France Composite Output Index' published by research firm Markit.

The acceleration was driven by a stronger expansion of service...