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Austria — GDP expected to grow by +1.6% in 2010

15 June 2010

The Austrian Central Bank's (OeNB) latest 'Prognosis' forecasts real Gross Domestic Product (GDP) growth of +1.6% for 2010. GDP is expected to grow by +1.8% in 2011 and by +2.1% in 2011. Considering the gravity of the economic crisis, Austrian unemployment levels are remarkably low compared to o...


France — 2009 temporary employment fell to 1998 levels

15 June 2010

The latest analysis published by the Ministry for Labour reveals that temporary employment fell by -26% or -447,300 individuals* in 2009 when compared to 2008. This took temporary employment in France back to 1998 levels. Temporary employment had already fallen in 2008 compared to 2007, but at t...


UK — Reclassification of bankers into public sector impairs wage statistics

15 June 2010

According to the Economic & Labour Market Review published today by the Office for National Statistics (ONS), regular earnings growth has slowed considerably since the UK entered recession, although it has picked up a little of late. Regular earnings, excluding bonuses or arrears, in January to...


UK — Economic recovery still on track but will be protracted

15 June 2010

The latest economic forecast published by the Confederation of British Industry (CBI) predicts that the UK economy will grow by +1.3% in 2010, up from +1% in its previous March forecast. The slight upward revision reflects the relative strength of the economy over recent months, with industrial p...


Europe — Euro area employment stable and EU27 down by -0.2%

15 June 2010

The latest seasonally adjusted estimates published today by the Statistical Office of the European Union (Eurostat) show that the number of persons employed in the 16 countries, which share the Euro as a common currency (EA16)* was stable in the first quarter of 2010 compared with the previous qu...


UK — Shilton Sharpe Quarry reports audited profits of 1.53 million Pounds

15 June 2010

Shilton Sharpe Quarry, the legal search and recruitment consultancy, has released its audited results for the year ended 31 December 2009. Profit before tax was up by +24% to 1.53 million Pounds on turnover/gross profit of 7.02 million Pounds, (an increase of +6%). Gareth Quarry commented, "We a...


UK — Job offers in financial services down by -12% in May 2010

14 June 2010

New research commissioned by city pre-employment screening firm Powerchex found that the total number of job offers declined -12% last month, after seven consecutive months of rises. The decrease was recorded across the whole of financial services, with Investment Banks, Hedge Funds, Investment M...


Spain — Unemployment expected to fall to 19.6% in Q2 2010

14 June 2010

The latest Employment Market Monitor published by the Association of Large Temporary Employment Agencies (Agett), forecasts that employment will rise by +155,000 individuals in the second quarter of 2010. The unemployment rate is therefore expected to fall slightly from currently 20.05% to 19.6%....


Ireland — Grafton founder dies

14 June 2010

Grafton Employment Group has announced the death of its founder James Kilbane. James Kilbane founded the Grafton Employment Group in 1982. He was joined one year later by Ken Belshaw and together they then opened their first office in Dublin. Since then, the company has expanded into an internat...


Europe — Employees successfully balance work and private life

14 June 2010

According to the findings of the latest Workmonitor published by staffing group Randstad, more than 50% of employees in the 25 countries covered indicate that their workload has increased in the first months of 2010. Despite the increased workload, employees feel they are able to successfully bal...