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Europe — EU recovery progressing within an uncertain global environment

14 September 2010

The Commission of the European Union has yesterday published its latest interim economic forecast. The underlying message of this update of GDP and inflation variables is that the EU economy, while still fragile, is recovering at a faster pace than previously envisaged. The updated projections in...


UK — Danger of pensions crisis if 2010 reforms are delayed, says CBI

14 September 2010

The Confederation of British Industry (CBI) today urged the government to press ahead with reforms to the pensions system, due to come into force in two years' time. Failing to tackle the issue of under-saving for a pension now will cost government, employers and employees more in the long term....


Switzerland — Temporary employment up by +17.8% y-o-y in August 2010

14 September 2010

The latest Swisstemptrend published by the Swiss Union for Employment Services (Swissstaffing), shows that temporary employment has grown by +17.8% in August 2010 when compared to August 2009. Temporary employment was up for the fourth consecutive month in August 2010, albeit at a slightly reduc...


Eastern Europe — Only 1 in 22 employed Poles wants to change job

14 September 2010

A new report published by staffing agency Sedlak & Sedlak shows that the number of Poles willing to change jobs fell significantly during the period from 2006 to 2009. The number of people looking for a job shrank by -42.4%. It plummeted in 2007 and 2008. The downward trend stopped when the sit...


UK — New law means employers can be sued for bad behaviour from their customers

14 September 2010

According to EMW Picton Howell, the commercial law firm, the new Equality Act, due to come into force on 1 October 2010, will enable staff to seek damages from employers who fail to take reasonable steps to protect them from any form of discrimination by a third party such as a customer. EMW Pic...


Europe — Online recruitment activity remains stable in August 2010

14 September 2010

The latest Monster Employment Index Europe published today by job board Monster Worldwide Inc, shows that online job demand was stable in August, as many recruiters across Europe slowed down hiring efforts in favour of the Summer vacations. Although job demand did not rise on a monthly basis, the...


UK — Pay rates for junior City staff start to rise aggressively

14 September 2010

According to financial services recruitment firm Astbury Marsden, average base salaries for City workers at Assistant Vice-President (AVP) level have increased by +12% from 62,945 Pounds to 70,480 Pounds over the last year. Up until the last three months more junior staff have seen their pay lag...


Greece — Unemployment up by +36.2% y-o-y in June 2010

13 September 2010

According to the latest Labour Force Survey published by the Hellenic Statistical Authority, the unemployment rate in June 2010 was 11.6% compared to 8.6% in June 2009 and 12.0% in May 2010. The number of employed amounted to 4,429,823 persons while the number of unemployed amounted to 582,364 an...


Belgium — 55% believe they will have to delay retirement for financial reasons

13 September 2010

New research carried out by human capital consultants Aon reveals that 55% of Belgians believe that they will have to delay their retirement due to the current economic climate. 61% of Belgians, however, would like to retire before the standard retirement age of 65. Just over a third (35%) would...


UK — More employees will hand in their notice this week than during any week of the year

13 September 2010

Year-on-year statistics gathered by recruitment services provider Resource on Demand, released today, show that 37% of resignations occur in the third week of September and 24% happen during the first week of February. Both of these bouts occur four weeks after the end of traditional holiday seas...