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UK – Financial services job vacancies surge +65%

11 March 2011

The number of job vacancies in the financial services sector has jumped +65% over the past year, according to data by the Association of Professional Staffing Companies (APSCo) compiled by Staffing Industry Analysts.

Banks are ramping up their hiring to meet increased business volumes and because of new...

World – Growth at near five-year high

11 March 2011

Fast and accelerating global economic growth was recorded by the PMIs in February. While the expansion is looking better-balanced between manufacturing and services, marked national divergences are still evident.

Policies to boost growth in the US appear to be raising domestic demand while also supporting...

UK – Masters steps down as REC Chair

11 March 2011

Angela Masters, the Chair of the Recruitment & Employment Confederation (REC) for the last three years, stepped down last week.

The REC said in a statement "as a result of an unfortunate misunderstanding, there was a discrepancy over Angela's official starting date as permanent Chair. Subsequent...

Germany – Adecco acquires majority in Trainico

10 March 2011

Staffing agency Adecco Germany has announced the acquisition of 70% of the shares of Trainico GmbH, the technical training and staffing agency owned by Lufthansa.

Lufthansa's subsidiary, Lufthansa Technical Training GmbH will hold on to the remaining 30% of Trainico for another three years.

The acquisition...

France – Agency employment up by +18%

10 March 2011

The latest statistics published by the government's job centres (Pôle Emploi) show that agency temporary employment was up by +18% or by +99,300 individuals in January 2011 compared to January 2010

Compared to the seasonal peak in December, agency temporary employment fell by -1.4% or by -9,500 individuals...

Belgium – Randstad defends client against discrimination charge

10 March 2011

The Centre for Equal Opportunities and Opposition to Racism has issued a first statement regarding the temporary employee who was sacked for wearing a headscarf at work. The woman, who worked for department store HEMA via staffing agency Randstad, had her contract terminated because customers and colleagues...

Ireland – 75% of senior managers think that training is important

10 March 2011

Lack of funding (53.1%) and lack of time to do training (57.1%) are the biggest barriers to Irish organisations training their staff, according to new research published today by IT services company Origina.

However, 37.5% of respondents said that training was extremely important and a further 37.5% said...

Spain – Labour cost up +0.6%

10 March 2011

The cost per hour worked increased by +0.6% in the fourth quarter of 2010, compared to the same period of the previous year, according to the latest data published by the National Institute for Statistics (INE).

After adjusting for calendar and seasonal effects, the inter-annual rate stood at +0.1%.


Greece – Unemployment rises to 14.8%

10 March 2011

The unemployment rate in December 2010 was 14.8% compared to 10.2% in December 2009 and 13.9% in November 2010, the latest Labour Force Survey published by the Hellenic Statistical Authority reveals.

The number of employed amounted to 4,233,765 persons while the number of unemployed amounted to 733,645...

UK – New Chair and Deputy at the IMA

10 March 2011

The Interim Management Association (IMA), has appointed Jason Atkinson, Managing Director at Russam GMS as Chair, with Raj Tulsiani, Co-Founder and CEO at Green Park Executive Resourcing in the role of Vice Chair for the organisation.

Atkinson and Tulsiani will now focus on developing the vision for the...