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Germany — Business climate improves sharply in July 2010

27 July 2010

The Business Climate Index for industry and trade in Germany published by the Institute for Economic Research at the University of Munich (Ifo) has risen sharply in July 2010. This increase is the largest since German reunification. Interviewed companies also are considerably more positive in the...


UK — RJD sell their investment in Teaching Personnel

27 July 2010

Venture capitalist firm RJD Partners has sold its investment in Teaching Personnel, the specialist teacher recruitment business, as part of the buyout of Teaching Personnel announced by Graphite Capital, which has backed John Bowman as Managing Director. The transaction values Teaching Personnel...


Switzerland — A decline in confidence among CFOs

27 July 2010

The latest Quarterly Survey of Chief Financial Officers (CFO) of major companies in Switzerland published by Deloitte reveals that economic optimism among Swiss CFOs has suffered a setback in the second quarter. The Economic Outlook for Switzerland has weakened in the eyes of the CFOs. CFOs' opt...


Ireland — Growth in employment will depend on domestic consumption, not just exports

27 July 2010

New research published by Danske Bank, the parent company of National Irish Bank, reveals that the Irish economy officially exited recession in the first quarter of 2010, recording a +2.7% q-o-q growth in GDP. While this puts Ireland at the top of the EU growth charts, the underlying figures are...


Finland — Unemployment rate falls to 8.8% in June 2010

27 July 2010

According to the latest Labour Force Survey published today by Statistics Finland (Tilastokeskus), the number of employed persons was 2,557,000 in June 2010, which was 8,000 lower than a year earlier. There were 28,000 more employed men and 37,000 fewer employed women than in June 2009. In June,...


UK — Morson in line with expectations

27 July 2010

Morson, a provider of technical engineering personnel and project design solutions to the aerospace and defence, nuclear and power and rail industries has issued a trading update stating that the trading performance of the Group for the first half of the financial year has been in line with Direc...


UK — 55% of employers welcome flexible working legislation despite the costs

27 July 2010

55% of employees welcome plans by the government to introduce legislation requiring them to offer flexible working to all employees, according to new research from recruiting expert Hays. 70% expect an increase in requests for flexible working and nearly 40% are bracing themselves for a resulting...


Spain — Labour market reforms are too little too late, says Adecco chief

27 July 2010

In an interview with Spanish daily Cinco Dias, the President of Adecco Spain, Enrique Sanchez has commented on the recent labour market reforms, which Prime Minister Zapatero pushed through parliament with a majority of one vote. Government initiated negotiations between unions and employers col...


Belgium — Blue-collar temporary employment drives growth in the sector

26 July 2010

The latest seasonally adjusted monthly update published by the Federation of Employment Partners (Federgon), shows that the number of hours worked by temporary employees in June 2010 rose by +0.38% compared to May 2010. Month-on-month, the number of hours worked by blue-collar workers was up by...


Germany — Coalition cannot make up its mind on minimum salaries for temporary employees

26 July 2010

The Federal Minister for Labour and Social Affairs, Ursula von der Leyen (Conservative) and the Federal Minister for Economics and Technology, Rainer Brüderle (Free Democrat) still have fundamentally different views on the introduction of a minimum salary for temporary employees. Germany does no...