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France - Agency temporary employment up +10.1%

31 May 2011

Agency temporary employment was up by +10.1% in April 2011 compared with April 2010, according to the latest Employment Barometer published by the Association of Temporary Employment Agencies and HR Services Providers (Prisme).

Agency temporary employment among unqualified workers was up by +8.3%. Among...

Europe - Unemployment falls to 9.4%

31 May 2011

The seasonally-adjusted unemployment in the Euro area (EA17)  rate was 9.9% in April 2011, unchanged compared with March 2011. It was 10.2% in April 2010. The unemployment rate in the entire European Union (EU27) was 9.4% in April, compared with 9.5% in March. It was 9.7% in April 2010, according...

Switzerland - GDP up +2.4% y-o-y

31 May 2011

Real Gross Domestic Product (GDP) for Switzerland grew in the first quarter of 2011 by +0.3% compared with the fourth quarter of 2010, according to the latest data, published today, by State Secretariat for the Economy (SECO). Positive growth was generated by the trade balance, construction investment,...

Are you paid enough?

31 May 2011

As part of our buyers survey we are for the first time looking at compensation but the results will only be shown to those non-subscribing readers who complete the survey.  The survey should take no longer than 20 minutes to complete and, of course, all individual responses are treated in the strictest...

Europe - Economic sentiment stable but moderately down in the Euro area

30 May 2011

In May, the Economic Sentiment Indicator (ESI), published by the European Commission, was broadly unchanged at 105.4 in the European Union (EU), while it decreased by -0.6 points to 105.5 in the Euro area. The overall decline in the Euro area resulted from weakening confidence in all the business sectors,...

UK - Unemployment forecast to peak at 2.6 million in mid-2012

30 May 2011

In its latest Quarterly Economic Forecast, published today, the British Chambers of Commerce (BCC) has downgraded its growth expectations for 2011 and 2012. The new forecast is predicting UK Gross Domestic Product (GDP) growth of +1.3% in 2011 and +2.2% in 2012, down from its March forecast of +1.4%...

Ireland - 88% of CEOs do not expect growth until 2012

30 May 2011

88% of business leaders do not expect the economy to return to growth until 2012 or later, according to a new report entitled 'Irish Chief Executive Officer Pulse Survey', published today by professional services firm PwC.

About half of those surveyed expect revenues and profits to grow over the next...

Sweden - Labour cost up in March 2011

30 May 2011

The Labour Cost Index (AKI) for the private sector in March 2011 was 105.4 for wage-earners and 106.0 for salaried employees. Compared with March 2010, labour costs have increased by +2.3% for wage-earners and +0.8% for salaried employees, according to the latest data, published today, by Statistics...

UK - Capita acquires CCT

30 May 2011

Capita Group Plc (CPI:LSE), the provider of business process outsourcing solutions and professional support services, has acquired Call Centre Technology Limited (CCT), for a consideration of 15 million Pounds on a cash free, debt free basis. CCT provides voice telephony, applications and services for...

UK - Robert Walters' shareholders revolt against directors' remuneration

27 May 2011

Staffing group Robert Walters Plc (RWA:LSE) faced a stinging shareholder revolt at its annual meeting on Wednesday, with investors rejecting pay policies at the recruitment group.

Of the votes cast, nearly 44% were against the remuneration report. Another 16% were withheld. The revolt came after the...