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UK — One in ten UK adults don't intend to retire at all

26 August 2010

The prospect of retirement is looking like a thing of the past for many Brits as new research from Baring Asset Management reveals that 10% of the working population, the equivalent of 3.5 million people, have no plans to ever stop working and 15 million (42%) non-retired UK adults aren't able to...


UK — Recovery in Asia Pacific returns Robert Walters to profit in H1 2010

26 August 2010

Revenue was up by from 141.7 million Pounds in H1 2009 to 188.8 million Pounds in H1 2010 at Robert Walters Plc (RWA:LSE), the staffing and Recruitment Process Outsourcing (RPO) group. Half yearly financial results for the six months ended 30 June 2010 published today reveal that net fee income...


World — Monster completes acquisition of Hotjobs and enters into traffic agreement with Yahoo

26 August 2010

Monster Worldwide, Inc (NYSE:MWW) the parent company of Job board specialist Monster.com has announced that it has completed its acquisition of Yahoo! HotJobs, the online recruitment website, from Yahoo! for $225 million in cash. Concurrent with the closing of the acquisition, Monster and Yahoo!...


Spain — Senate approves labour market reforms

26 August 2010

The Senate (Upper House of Parliament) has yesterday voted in favour of the labour market reforms proposed by the Socialist government of Prime Minister Jose Luis Rodriguez Zapatero, Spanish daily El Pais reports. The proposals have already been approved by Congress (Lower House of Parliament) i...


Ireland — 100 graduates per week flee to find work abroad

26 August 2010

Provisional figures from a Higher Education Authority (HEA) survey of last year's graduates show that almost 9% of last year's Honours Degree recipients works outside Ireland, up from 5% one year ago, the Irish Examiner reports. Gary Redmond President of the Union of Student in Ireland (USI) bel...


Scandinavia — Norway has the lowest unemployment rate

25 August 2010

According to the latest Labour Force Survey published today by Statistics Norway (SSB) the number of employed persons increased by +17,000 between March and June 2010. The unemployment rate during the period from March to June 2010 remained unchanged at 3.5% In Norway. During the same period,...


UK — StepStone Solutions closes MrTed acquisition

25 August 2010

StepStone Solutions, the provider of Software-as-a-Service (SaaS) Talent Management solutions, has completed the acquisition of privately-owned e-recruitment software provider MrTed. The acquisition adds over 130 customers to StepStone Solutions' existing customer base of 1,500 global businesses...


Spain — Staffing agencies are 4.5 times as effective as job centres

25 August 2010

The government plans to reduce the number of days during which an unemployed person can refuse an offer of employment or professional training whilst still receiving unemployment benefit from currently 90 days to 30 days, press agency AFP reports. Celestino Corbacho (Socialist), Minister for Emp...


UK — CBI calls for more schools to offer triple science GCSE

25 August 2010

The Confederation of British Industry (CBI) has congratulated students and teachers on this year's GCSE results. There were increases in the numbers taking individual, in-depth sciences (biology, chemistry and physics) as separate GCSEs. Numbers taking biology rose by +28% to 129,464, physics in...


Eastern Europe — Skills shortage in Poland despite high unemployment

25 August 2010

The latest data published by the Central Statistical Office (GUS) shows that unemployment fell from 11.6% in June 2010 to 11.4% in July 2010. The number of registered unemployed fell to 1,812,800 in July 2010, which was -31,100 less than in June 2010 and +136,700 more than in July 2009. Despite...