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Eastern Europe – Concerns about inequality of male workers

17 February 2011

The Ukrainian Cabinet has postponed the implementation of several important amendments to the Labour Code (MAJ 2010/24) due principally to concerns by the Ministry of Justice that the Code contains a number of discriminatory provisions against men, the Federation of European Employers (FedEE) reports. ...

UK – Modest rise in basic City salary offers expected

17 February 2011

The latest Salary Survey published by professional recruitment consultancy Morgan McKinley (part of Premier Group) reveals that 62% of respondents expect basic salary offers to rise over the course of 2011 compared to last year, with the majority (55%) expecting the rise to be between 1-10%. Less than...

UK – Strong improvements in operating profit and cash generation at Impellam

16 February 2011

Revenues were up by +6.6% from 1.04 billion Pounds in 2009 to 1.11 billion Pounds in 2010 at Impellam Group Plc (IPEL:LSE), the international provider of staffing solutions, human capital management and outsourced people-related services.

Preliminary results for the 52 weeks ended 31 December 2010 reveal...

UK – Unemployment slightly up in Q4 2010

16 February 2011

The employment rate for those aged from 16 to 64 for the three months to December 2010 was 70.5%, down -0.3 on the quarter. The number of people in employment aged 16 and over fell by -68,000 on the quarter to reach 29.12 million. The number of employees working full-time increased by +66,000 on the...

Finland – Open job vacancies up +49%

16 February 2011

According to the Job Vacancy Survey of Statistics Finland (Tilastokeskus), there were 32,700 open job vacancies in the last quarter of 2010, which was +49% more than one year earlier (21,900). The measurement for the last quarter was taken on 1 December 2010. In the whole of 2010, there were +23% more...

Europe – Bad weather subdued growth in Q4 2010

16 February 2011

Eurozone economic growth failed to accelerate, as many had expected, towards the end of last year. Gross Domestic Product (GDP) growth was unchanged in Q4 on the sluggish +0.3% quarterly rate of increase seen in Q3, according to economic research firm Markit.

Growth disappointed in Germany, France and...

Germany – Economic expectations remain stable

16 February 2011

The Indicator of Economic Sentiment for Germany published by the Centre for European Economic Research (ZEW) has remained almost unchanged in February 2011. The indicator has climbed by +0.3 points and now stands at 15.7 points. This value is below the indicator's historical average of 26.7 points.


Europe – Youth unemployment at its highest

16 February 2011

The unemployment rate in the European Union (EU) has remained unchanged at 9.6% since February 2010 according to the latest Labour Market Factsheet published by the European Commission.

The year-on-year rise, which has been narrowing since the autumn 2009, closed to 0.1 percentage points (pps) in December...

UK – Reactions to Immigration announcement

16 February 2011

The Confederation of British Industry (CBI) has commented on the government's announcement on how Tier 2 will operate under the permanent immigration cap, which comes into force from 6 April.

Neil Carberry, CBI Head of Employment policy, said "this announcement of new rules for the immigration cap...

Ireland – Counter-offers return

16 February 2011

Substantial salary rises offered by employers to accountants who tell them they are resigning to take a new job will cost Irish companies 20 million Euro in 2011, according to research by accountancy and finance recruiter Marks Sattin Ireland (part of Five Ten Group).

One in every five finance workers...