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Eastern Europe – Quotas for people with disabilities in Hungary expected to result in job losses

1 February 2011

Temporary employment agencies in Hungary are expected to lay off a large number of employees in 2011 as they face higher costs due to changes in regulation regarding the employment of people with disabilities, specialist publication HVG reports.

Companies in Hungary which employ more than 20 people and...

Europe – EU unemployment rate maintained at 9.6% in December 2010

1 February 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 (EA16) was 10.0% in December 2010, unchanged compared with November. It was 9.9% in December 2009.

The unemployment rate in the...

Switzerland – Optimism in the air

1 February 2011

A new report published by professional services firm Deloitte based on research carried out among Chief Financial Officers (CFO) in Switzerland reveals that 76% of respondents have a positive outlook for the Swiss economy over the next 12 months.

CFOs are upbeat on revenues and see growth through investments...

Ireland – Central Bank reduces GDP growth forecast significantly

1 February 2011

The Central Bank of Ireland has slashed its forecast for economic growth in 2011, projecting that Gross Domestic Product (GDP) will expand by +1% as opposed to the +2.4% forecast by the Central Bank in October 2010.

The Central Bank expects GDP to expand by +2.3% in 2012.

The Bank said in its latest quarterly...

UK – Doctors are not businessmen, says Hays

1 February 2011

Hays Health & Social Care, the recruiting experts in qualified, professional and skilled people, have commented on the new Health & Social Care Bill.

Under the Bill published earlier this month two tiers of management will be scrapped and their powers given to commissioning consortia led by General...

Luxembourg – New General Director at Adecco

1 February 2011

After more than ten years in the Grand Duchy of Luxembourg as Country Manager, the time has come for Noël Dubois to pass on the torch. He will now focus on his role as Regional Director for Wallonia and Brussels.

From 1 April 2011, the responsibility of the three brands of the Group (Adecco, Ajilon and...

UK – SThree increases profits despite fall in revenues in 2010

31 January 2011

Revenues for the year decreased by -8.6% from 519.4 million Pounds in 2009 to 474.5 million Pounds in 2010 at SThree Plc (STHR:LSE), the international specialist staffing firm.

Preliminary results for the year ended 28 November 2010 published today show that gross profit for the year decreased by -2.8%...

UK – Empresaria 2010 results in line with upwardly revised expectations

31 January 2011

Full year revenues were up by +17% from 191 million Pounds in 2009 to 223 million Pounds in 2010 at Empresaria Group Plc. (EMR:LSE), the international recruitment and management services group.

A trading update for the financial year ended 31 December 2010 published today reveals that revenues from continuing...

Spain – German Chancellor invites workers from Spain to live and work in Germany

31 January 2011

At the upcoming Spanish-German summit in Madrid on 3 February 2011, German Chancellor Angela Merkel (Prime Minister) intends to announce that Germany is actively inviting highly-qualified job seekers from Spain to live and work in Germany, Spanish specialist publication The Reader reports.

Germany is...

Netherlands – Temporaries earn less than permanent employees and are often over-educated

31 January 2011

New research carried out by the Netherlands Bureau for Economic Policy Analysis (CPB) entitled 'Labour Market Flexibility in the Netherlands' focuses on the role of the most important types of labour relations that are observed on the Dutch labour market: permanent contracts, temporary contracts and...