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Europe – Recovery broadening but price pressures surge

9 March 2011

The latest Purchasing Managers Index (PMI) data for the European Union (EU) published by research firm Markit sector data signalled that manufacturers continued to lead the recovery, but many other sectors saw faster growth, notably construction and finance.

However, with many sectors posting record rates...

Switzerland – Minimum wage likely to increase unemployment

9 March 2011

The Swiss Union for Employment Services (Swissstaffing) has responded to an initiative launched by the Swiss Federation of Unions (SGB) to introduce a nationally binding minimum wage across all regions and industry sectors in Switzerland.

The unions want a minimum wage of 22 Swiss Francs per hour or 3,800...

UK – Financial Services Interims Earning Highest Rates Ever

9 March 2011

The average daily rates for financial services interim managers are at their highest level since 2008, according to research carried out by Kinsey Allen International, the global executive search firm.

The average daily rate for an interim manager working in the financial services sector has reached 725...

UK – InterQuest PBT up +24%, seeks acquisitions

8 March 2011

Revenues were up by +15% from 97.4 million Pounds in 2009 to 112.2 million Pounds in 2010 at IT staffing specialist, InterQuest Group Plc (ITQ:LSE).

Audited results for the year ended 31 December 2010 reveal that gross profit was up by +18% from 12.4 million Pounds in 2009 to 14.7 million Pounds in 2010....

UK – ScotHomecare acquired by Allied Healthcare

8 March 2011

Allied Healthcare International Inc. (AHCI:NSQ), the US-quoted provider of temporary staffing services to the health care and social care industries in the UK, has announced yesterday that its UK subsidiary, Allied Healthcare Group Limited, has acquired the homecare business of Health and Lifecare Options...

World – Emerging markets lead uneven recovery

8 March 2011

According to the latest Employment Outlook Survey released today by staffing group Manpower Inc., employer hiring plans for the second quarter are strongest in emerging markets, such as India, Brazil and Turkey, compared to their more developed counterparts in the global labour market. In fact, the Manpower...

Europe – Online recruitment up +24% y-o-y

8 March 2011

The latest monthly Employment Index for Europe published today by job board Monster Worldwide Inc, continued its positive long-term growth pace,
with February's year-on-year gain of +24% nearly on par with January's +25% rate, the most rapid pace seen during the current economic cycle.

Production, manufacturing,...

UK – Worse short-term but better medium-term forecast

8 March 2011

The British Chambers of Commerce (BCC) has published its new quarterly Economic Forecast, ahead of the Bank of England's Monetary Policy Committee (MPC) meeting on Thursday and with just over two weeks until the Budget.

The BCC forecast reduces expectations for UK GDP growth in 2011 to +1.4% (from the...

UK – 100 million Pounds to be invested in skills

8 March 2011

Secretary of State for Business, Vince Cable and Minister for Skills, John Hayes, have launched a 50 million Pounds a year fund to help businesses develop the skills they need to drive growth.

The Growth Investment Fund (GIF) will help employer groups overcome barriers to growth within their sectors and...

UK – Employment tribunal system is broken, says CIPD

8 March 2011

69% of employers say they have no effective protection against employees making wholly unjustifiable claims to employment tribunals. This is a key finding from a survey of employers' experiences of managing workplace conflict, published today by the Chartered Institute of Personnel and Development (CIPD)....