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UK - Teaching Personnel to acquire Protocol Education

16 August 2011

Graphite Capital, the UK mid-market private equity specialist, has provided equity funding to enable Teaching Personnel to acquire Protocol Education.

Both businesses provide short and long-term temporary teachers, teaching assistants and nursery staff, primarily to English and Welsh primary and secondary...

France - Basic salary up +2.2%, inflation up +2%

16 August 2011

The monthly basic salary (SMB) in private companies with more than ten employees rose by +2.2% in Q2 2011 compared with Q2 2010, according to the latest statistics published by government research body DARES on behalf of the Ministry for the Economy and the Ministry for Labour.

Compared with the previous...

Europe - GDP up +1.7% y-o-y in Q2 2011

16 August 2011

Gross Domestic Product (GDP) increased by +0.2% in both the Euro area (EA17) and in the entire European Union (EU27) during the second quarter of 2011, compared with the previous quarter. In the first quarter of 2011, growth rates were +0.8% in both zones, according to flash estimates published by the...

UK - Michael Page's international growth fails to impress nervous stock market

15 August 2011

Group revenue was up by +27.6% from 393.5 million Pounds in H1 2010 to 502.1 million Pounds in H1 2011 at Michael Page International Plc (MPI:LSE), the specialist recruitment consultancy. At constant currency exchange rates, revenue was up by +25.8%.

Interim results for the first six months ended 30 June...

UK - Jobs contraction forecast

15 August 2011

The employment recovery is set to slow sharply. On average, growth in hiring intentions have been reported throughout the past year, but a more sombre outlook is now being driven by a fall in confidence among private sector employers, particularly in manufacturing, according to this summer's Labour...

Denmark - Jobindex concentrates on existing customers

15 August 2011

Revenues reached 3.6 million Euro in Q2 2011 with pre-tax profits of 1.2 million Euro were at Jobindex A/S (JOBNDX:CPH), the Denmark-based internet job board. The group claims to have a market share of 41% in Denmark.

The group says in a statement "despite difficult trading conditions we expect to...

Ireland - New Zealand re-built with Irish workers

15 August 2011

Officials in New Zealand are planning to recruit Irish construction workers to help repair thousands of buildings damaged in three major earthquakes in the country's second biggest city over the past year. The Earthquake Commission says it needs around 8,000 labourers to rebuild and secure around 100,000...

Europe - Industrial production up +2.9% y-o-y in Euro area

15 August 2011

In June 2011 compared with June 2010, seasonally adjusted industrial production increased by +2.9% in the Euro area (EA17) and by +1.7% in the entire European Union (EU27), according to the Statistical Office of the European Union (Eurostat).

In June 2011 compared with May 2011, seasonally adjusted industrial...

Greece - GDP falls by -6.9% y-o-y in Q2 2011

15 August 2011

Gross Domestic Product (GDP) at constant prices of the year 2000 decreased by -6.9 % in comparison with Q2 2010, according to the latest non-seasonally-adjusted data published by the Hellenic Statistical Authority.
The decrease recorded in domestic demand (final consumption expenditure and gross...

UK - Retention requires respect

15 August 2011

Over 4,000 UK professionals were asked which factors are most likely to help create a happy work atmosphere. 68% nominated respect for colleagues as the key ingredient, according to a survey commissioned by workspace provider Regus.

The research serves as a reminder to managers how to maintain staff job...