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UK — Debate rages over abolishing default retirement age

29 July 2010

Debate has broken out, following the announcement by the UK government today, that it is planning to scrap the default retirement (DRA) age of 65 from October 2011. Under the proposal, employers would not be allowed to dismiss staff simply because they have reached the age of 65, as happens at p...


Europe — 42% of jobs lost in the EU since 2008 were lost in Spain

28 July 2010

The latest European Labour Market Index (Euroindice Laboral), on seven European Union (EU) countries, published by IESE Business School on behalf of staffing agency Adecco Spain reveals that 42% of the 4.7 million jobs lost in the EU since Q1 2008 were lost in Spain. 25% of the 2.5 million lost...


France — Unemployment falls by -0.3% in June 2010

28 July 2010

The latest data published by the official government job centres (Pole Emploi) reveals that the number of category A (Unemployed) job seekers registered with the job centres in June 2010 fell by -0.3% or -8,600 individuals to 2,691,000 compared to the previous month. Compared to June 2009, it was...


UK — CHPD acquired by Kenexa of the US

28 July 2010

Kenexa, the provider of business solutions for human resources, has announced the acquisition of The Centre for High Performance Development (Holdings) Limited (CHPD). CHPD's extensive research on leadership development and training will add to Kenexa's existing research and content portfolio. F...


Germany — 35% of all new jobs created in June 2010 were temporary jobs

28 July 2010

According to an official statement from the German government requested by the Left Party (Linkspartei) and leaked to German daily Berliner Zeitung reports, 35% of all new jobs created in Germany in June 2010 were temporary jobs compared to 25% in January 2010, The statement says further that th...


Spain — Business still dominated by men

28 July 2010

New research carried out by company information services provider Informa D&B reveals that female presence in Spanish board rooms has grown slightly from 29% in 2008 to 31% in 2010. However, female presence in the board room is directly related to the legal form a company takes. 43% of public li...


UK — travel and subsistence schemes to be in addition to the minimum wage

28 July 2010

The Government has confirmed its position on how travel and subsistence schemes should interact with the National Minimum Wage (NMW). The Recruitment and Employment Confederation (REC) has for many years taken forward members' concerns on this issue and called for clarity from Her Majesty's Reven...


Germany — Business climate improves sharply in July 2010

27 July 2010

The Business Climate Index for industry and trade in Germany published by the Institute for Economic Research at the University of Munich (Ifo) has risen sharply in July 2010. This increase is the largest since German reunification. Interviewed companies also are considerably more positive in the...


UK — RJD sell their investment in Teaching Personnel

27 July 2010

Venture capitalist firm RJD Partners has sold its investment in Teaching Personnel, the specialist teacher recruitment business, as part of the buyout of Teaching Personnel announced by Graphite Capital, which has backed John Bowman as Managing Director. The transaction values Teaching Personnel...


Switzerland — A decline in confidence among CFOs

27 July 2010

The latest Quarterly Survey of Chief Financial Officers (CFO) of major companies in Switzerland published by Deloitte reveals that economic optimism among Swiss CFOs has suffered a setback in the second quarter. The Economic Outlook for Switzerland has weakened in the eyes of the CFOs. CFOs' opt...