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Sweden — Svensk Internetrekrytering net sales up by +33% in Q2 2010

13 August 2010

Svensk Internetrekrytering AB (SIR:STO), the Stockholm-based job board operator, has announced interim results for the second quarter of 2010 ended 30 June. Net sales were up from 760,000 Euro in Q2 2009 to 1 million Euro in Q2 2010. EBITDA was up from a loss of -369,000 Euro in Q2 2009 to a p...


World — Signs of optimism in global financial hiring

13 August 2010

Financial executives are more optimistic today than they were this time last year, according to the fourth annual Global Financial Employment Monitor published by staffing group Robert Half International. The vast majority (83%) of financial leaders surveyed worldwide are at least somewhat confid...


Sweden — Wise Group revenue up by +45% in Q2 2010

12 August 2010

Revenue was up by +45% from 2.37 million Euro in Q2 2009 to 3.45 million Euro in Q2 2010 at Wise Group AB (WISE:STO), the largest listed human resources services provider in Sweden.   Interim results announced today for the three months ending 30 June 2010 reveal that operating profit rose from...


Europe — Kelly Services Q2 revenue up by +18%

12 August 2010

Revenue was up by +18% to $1.2 billion year-on-year in Q2 2010 at Kelly Services Inc. (KELYA:NSQ), the US-quoted workforce solutions provider. On a constant currency basis, revenue increased by +17%. Kelly is ranked 5th largest staffing company in the world according to Staffing Industry Analyst'...


UK — Maslen appointed Finance Director and board member at Work Group

12 August 2010

Work Group Plc (WORK:LSE), the talent acquisition and development firm, has announced the appointment of Julian Maslen as Finance Director and member of the company board with immediate effect. Maslen has been with Work Group since March 2008 and has previously been the Finance Director of Armst...


Portugal — More than half of professionals would accept a reduction in salary

12 August 2010

New research carried out by staffing group Hays Portugal among 3,800 professionals shows that 67.7% of interviewees believe that the labour market is going through difficult times at the moment. 59.3% of interviewees had a salary increase in 2009, which for 74.1% of these did not exceed an incre...


UK — Time to train regulations should be scrapped, say Chambers of Commerce

12 August 2010

Further Education, Skills and Lifelong Learning Minister John Hayes has launched a consultation on the future of the right to request time to train. The legal right for workers in businesses with more than 250 employees to request time to take up relevant training came into effect from 6 April t...


World — ILO warns of the risk of a lost generation

12 August 2010

Global youth unemployment has reached its highest level on record, and is expected to increase through 2010, the International Labour Organisation (ILO) said in a new report issued to coincide with the launch of the UN International Youth Year on 12 August 2010. The report entitled ILO Global Em...


Spain — Temporary employment represents 24.9% of total workforce

12 August 2010

According to the latest Labour Market Monitor published today by the Association of Large Temporary Employment Agencies (Agett) and international financial analysts AFI, unemployment fell by -74,000 individuals in July 2010 whilst employment was up by +63,000 individuals. In seasonally adjusted...


UK — Cracks emerging in the labour market

12 August 2010

Gerwyn Davies, Public Policy Adviser at the Chartered Institute of Personnel and Development (CIPD) comments as follows on official labour market statistics, published yesterday by the Office for National Statistics (ONS), which update the UK Labour Force Survey (LFS) measures of employment, unem...