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UK – Unemployment falls to 7.8%

13 April 2011

The employment rate for those aged from 16 to 64 for the three months to February 2011 was 70.7%, up +0.2% on the quarter. The number of people in employment aged 16 and over increased by +143,000 on the quarter and by +390,000 on the year to reach 29.23 million according to the latest Labour Force Survey,...

UK – CIPD calls for audit of public sector job cuts

13 April 2011

With reference to today's labour market statistics, Dr John Philpott, Chief Economic Adviser at the Chartered Institute of Personnel Development (CIPD), recommends that the Coalition Government should compile and publish a comprehensive administrative audit of public sector job cuts between now...

Finland – Wages and salaries up +5.3%

13 April 2011

The wages and salaries sum of the whole economy was +5.3% greater in the December 2010 to February 2011 period than in the corresponding period twelve months earlier, according to the latest Wages and Salary Indices published by Statistics Finland (Tilastokeskus).

In February alone, the wages and salaries...

World – Global recovery gains strength despite new risks

13 April 2011

The global economic recovery is gaining strength, with world growth projected at about 4.5% in both 2011 and 2012, but unemployment remains high, and risks of overheating are building in emerging market economies, according to the latest World Economic Outlook (WEO) published by the International Monetary...

Germany – Economic Sentiment shows cautious expectations

13 April 2011

The Indicator of Economic Sentiment for Germany published by the Centre for European Economic Research (ZEW) has dropped by -6.5 points in April 2011. The indicator now stands at 7.6 points. This value is below the indicator's historical average of 26.6 points.

Compared with the answers of the financial...

UK – Slow recovery tempers expectations at Kellan Group

12 April 2011

Revenues edged up +1.2% from 29.46 million Pounds in 2009 to 29.83 million Pounds in 2010 at Kellan Group Plc (KLN:LSE), the IT, accountancy, hospitality, leisure and professional services recruitment group.

Preliminary results for the year ended 31 December 2010 published today reveal that net fee income...

Sweden – NetJobs back in profit in 2010

12 April 2011

Net sales were up by +19% from 3.4 million Euro in 2009 to 4 million Euro in 2010 at NetJobs Group AB (NJOB:STO), the Stockholm-based job board operator, previously known as Svensk Internetrekrytering AB (SIR:STO).

Final results for the 12 months ended 31 December 2010, published yesterday, reveal that...

Europe – Online recruitment up +26% y-o-y in March 2011

12 April 2011

The latest monthly Employment Index for Europe published today by job board Monster Worldwide Inc, records +26% year-on-year growth in March 2011, the most rapid pace seen during the current economic cycle.

Industrial production related sectors lead the Index in annual growth in March 2011 with a +64%...

Europe – Slow reversal of unemployment trends but confidence improving

12 April 2011

Unemployment in the European Union (EU) fell slightly in February, while the labour market continues to show steady signs of recovery in some Member States, according to the latest Monthly Labour Market Fact Sheet published by the European Commission.
Despite the moderate economic recovery though,...

Eurozone – Bad weather and weaker exports soften growth

12 April 2011

Gross Domestic Product (GDP) growth softened in Q4 2010 (to +0.3%, after +0.4% in Q3), due to a weather-related postponement of construction investment, notably in Germany and in France, and to a slowdown in global activity, which dampened the area export growth, according to the latest Eurozone Economic...