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Sweden – GDP grows +1.2% in Q4 2010

2 March 2011

Seasonally adjusted Gross Domestic Product (GDP) increased by +1.2% in Q4 2010 compared to Q3 2010, according to the latest data published by Statistics Sweden (SCB).

Household consumption expenditures increased by +4.3% and general government consumption expenditures increased by +4.5%.

The changes in...

UK – HCL boardroom drama not over yet

2 March 2011

Healthcare Locums (HCL), the troubled staffing agency which has recently made major changes to its board of directors due to what it called "serious accounting irregularities", has announced that it has accepted a new resignation from the board.

Mo Dedat has resigned as an Executive Director...

France – DLSI's revenues up +48.2%, seeks acquisitions

1 March 2011

Revenues were up by +48.2% from 117.4 million Euro in 2009 to 174 million Euro in 2010 at DLSI SA (ALDSL:PAR), the France-based temporary and permanent staffing group.

Revenues generated outside France were up by +15.4% from 42.2 million Euro in 2009 to 48.7 million Euro in 2010.

The two recent acquisitions...

Germany – Staffing agencies face billions in retroactive payments

1 March 2011

The Highest Labour Court (BAG) has ruled that December's decision to render all collective bargaining agreements negotiated by the Christian Unions (CGZP) on behalf of temporary employees null and void, shall also apply retroactively back until 2005, Hamburger Abendblatt newspaper reports.

In general,...

Europe – Agency work market improves for the ninth month in a row

1 March 2011

The agency work industry in Europe grew by +22.3% in December 2010 compared to December 2009 according to the latest Agency Work Business Indicator (AWBI) published by the European Confederation of Private Employment Agencies (Eurociett). This marks the ninth consecutive month of growth for the sector....

Germany – DIHK warns against over-regulation of temporary employment

1 March 2011

German companies are confident about the current economic boom and intend to employ an extra +300,000 workers in 2011 according to new analysis by the German Chambers of Commerce (DIHK), based on interviews with 28,000 companies in the country.

The metal and electro industry intends to employ an extra...

Europe – EU 27 unemployment at 9.5%

1 March 2011

The latest unemployment figures published today by the Statistical Office of the European Union (Eurostat) show that the seasonally-adjusted unemployment rate in the euro area (EA17) was 9.9% in January 2011, compared with 10.0% in December 20104. It was 10.0% in January 2010.

The unemployment rate in...

Europe – Eurociett welcomes EU flagship initiative

1 March 2011

In a position paper on the European Commission's 'New Skills and Jobs Flagship Initiative', the European Confederation of Private Employment Agencies (Eurociett) has today welcomed the four main priorities put forward by the European Commission to contribute to inclusive growth, namely to promote better...

Switzerland – GDP up +3.1% in Q4 2010

1 March 2011

The latest data published today by The State Secretariat for Economic Affairs (SECO), reveals that real Gross Domestic Product (GDP) in Switzerland grew by +0.9% in the fourth quarter of 2010 when compared to the third quarter of 2010.

Positive growth came from investments, the trade balance for goods...

UK – Hays sees strong international performance

28 February 2011

Revenues were up by +22% from 1.288 billion Pounds during the six months ended 31 December 2009 to 1.576 billion Pounds during the six months ended 31 December 2010 at Hays Plc (HAS:LSE), the fifth largest staffing company in Europe. At constant currency, revenues were up by +20%.

Half year results published...